Law and economic development

Contents:
Acknowledgements ix;
Introduction Hans-Bernd Schäfer and Angara V. Raja xi;
PART I LEGAL SYSTEMS, ECONOMIC GROWTH AND DEVELOPMENT:
A The Importance of Legal Systems and Their Impact on Growth and Development:
1. Frank B. Cross (2002), ‘Law and Economic Growth’ 5;
2. Pranab K. Bardhan (2000), ‘Understanding Underdevelopment: Challenges for Institutional Economics From the Point of View of Poor Countries’ 44;
3. Richard A. Posner (1998), ‘Creating a Legal Framework for Economic Development’ 64;
B Legal Reforms and Obstacles to Reform:
4. Kevin E. Davis and Michael J. Trebilcock (2001), ‘Legal Reforms and Development’ 77;
5. Avinash Dixit (2003), ‘Some Lessons From Transaction-Cost Politics For Less-Developed Countries’ 93;
6. Jonathan R. Hay and Andrei Shleifer (1998), ‘Private Enforcement of Public Laws: A Theory of Legal Reform’ 120;
C Corruption, Capture and Rent-Seeking:
7. Andrei Shleifer and Robert W. Vishny (1993), ‘Corruption’ 129;
8. Pranab Bardhan (1997), ‘Corruption and Development: A Review of Issues’ 148;
9. Anne O. Krueger (1974), ‘The Political Economy of the Rent-Seeking Society’ 175;
PART II LAW AND FINANCE:
A Finance, Growth, Development and the Law:
10. Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer and Robert W. Vishny (1998), ‘Law and Finance’ 193;
11. Ross Levine (1999), ‘Law, Finance, and Economic Growth’ 236;
12. Ross Levine (1998), ‘The Legal Environment, Banks, and Long-Run Economic Growth’ 264;
13. Rafael La Porta, Florencio Lopez-de-Silanes, Andrei Shleifer and Robert W. Vishny (1997), ‘Legal Determinants of External Finance’ 282;
B Corporate Governance, Capital Markets and Bankruptcy:
14. Andrei Shleifer and Robert W. Vishny (1997), ‘A Survey of Corporate Governance’ 305;
15. Simon Johnson, Rafael La Porta, Florencio Lopez-de-Silanes and Andrei Shleifer (2000), ‘Tunneling’ 352;
16. Simon Johnson, Peter Boone, Alasdair Breach and Eric Friedman (2000), ‘Corporate Governance in the Asian Financial Crisis’ 358;
17. Elazar Berkovitch and Ronen Israel (1999), ‘Optimal Bankruptcy Laws Across Different Economic Systems’ 404;
PART III PROPERTY AND CONTRACTS:
18. Gerald P. O’Driscoll Jr. and Lee Hoskins (2003), ‘Property Rights: The Key to Economic Development’ 437;
19. Andrzej Rapaczynski (1996), ‘The Roles of the State and the Market in Establishing Property Rights’ 454;
20. Simon Johnson, John McMillan and Christopher Woodruff (2002), ‘Courts and Relational Contracts’
21. Eric Van Tassel (2004), ‘Credit Access and Transferable Land Rights’ 471;
PART IV THE PREDATORY STATE, LEGAL PROCESS, JUDICIARY AND SUBSTITUTES TO LEGAL PROTECTION:
22. Edgardo Buscaglia (2001), ‘An Analysis of Judicial Corruption and Its Causes: An Objective Governing-Based Approach’ 547;
23. Cheryl W. Gray (1991), ‘Legal Process and Economic Development: A Case Study of Indonesia’ 564;
24. Douglas Marcouiller and Leslie Young (1995), ‘The Black Hole of Graft: The Predatory State and the Informal Economy’ 579;
25. Timothy Frye and Andrei Shleifer (1997), ‘The Invisible Hand and the Grabbing Hand’ 596;
26. Oriana Bandiera (2003), ‘Land Reform, the Market for Protection, and the Origins of the Sicilian Mafia: Theory and Evidence’ 601;
27. Timothy Frye and Ekaterina Zhuravskaya (2000), ‘Rackets, Regulation, and the Rule of Law’ 628;
Name Index 653.