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Cited by 256

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

Posner, R. A.·1998·The World Bank Research Observer

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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Metadata

Authors
Posner, R. A.
Venue
The World Bank Research Observer
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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CoChat. (2026). Citation check: Creating a Legal Framework for Economic Development. https://app.cochat.ai/papers/10.1093/wbro/13.1.1
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Posner, R. A. (1998). Creating a Legal Framework for Economic Development. The World Bank Research Observer. https://doi.org/10.1093/wbro/13.1.1

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

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.