The DOI matches its Crossref record; 14 of the 14 references it cites were found in a registry or an index.
Creating a Legal Framework for Economic Development
Abstract
A modernizing nation's economic prosperity requires at least a modest legal infrastructure centered on the protection of property and contract rights. The essential legal reform required to create that infrastructure may be the adoption of a system of relatively precise legal rules, as distinct from more open-ended standards or a heavy investment in upgrading the nation's judiciary. A virtuous cycle can arise in which initially modest expenditures on law reform increase the rate of economic growth, in turn generating resources that will enable more ambitious legal reforms to be undertaken in the future.
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Citations
Cites
Economic Growth in a Cross Section of Countries
Barro, R. (1989) · National Bureau of Economic Research · doi:10.3386/w3120 · Cited by 8,385
North, D. C., & Weingast, B. R. (1989) · The Journal of Economic History · doi:10.1017/s0022050700009451 · Cited by 5,300
(1964) · SSRN Electronic Journal · Cited by 5,128
The Allocation of Talent: Implications for Growth
Murphy, K. M., Shleifer, A., & Vishny, R. W. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937945 · Cited by 2,092
Law Enforcement, Malfeasance, and Compensation of Enforcers
Becker, G. S., & Stigler, G. J. (1974) · The Journal of Legal Studies · doi:10.1086/467507 · Cited by 1,843
India Economic Development and Social Opportunity
Dréze, J., & Sen, A. (1996) · doi:10.1093/oso/9780198290124.001.0001 · Cited by 1,390
The Role of the State in Financial Markets
Stiglitz, J. E. (1993) · The World Bank Economic Review · doi:10.1093/wber/7.suppl_1.19 · Cited by 1,234
The Creation of the American Republic, 1776-1787.
Howe, J. R., & Wood, G. S. (1970) · The Journal of Southern History · doi:10.2307/2206611 · Cited by 930
The Institutional Framework and Economic Development
Scully, G. W. (1988) · Journal of Political Economy · doi:10.1086/261555 · Cited by 757
Equality, Wealth, and Political Stability
Posner, R. A. (1997) · Journal of Law, Economics, and Organization · doi:10.1093/oxfordjournals.jleo.a023387 · Cited by 188
Self-citation
Cited by
Jurisdiction, Crime, and Development: The Impact of Public Law 280 in Indian Country
Dimitrova-Grajzl, V., Grajzl, P., & Guse, A. J. (2014) · Law & Society Review · doi:10.1111/lasr.12054 · Cited by 49
Metadata
- Authors
- Posner, R. A.
- Venue
- The World Bank Research Observer
- Publisher
- Oxford University Press (OUP)
- Published
- 1998-02-01
- Volume
- 13
- Issue
- 1
- Pages
- 1-11
- ISSN
- 0257-3032 (ISSN-L)
- 1564-6971
- OpenAlex
- W2155639366
- Cited by
- 256
- References
- 14
- FWCI
- 16.20
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.