Rule of Law, Legal Development and Economic Growth: Perspectives for Pakistan
Pakistan Institute of Development Economics (PIDE)
September 30, 2010
Rule of Law and strong legal systems are considered a pre-condition for sustained development. Their relative weakness in the under-developed world is considered as the main obstacle to growth. Strengthening Rule of Law and legal systems has, therefore, become a standard advice from the developing community. Pakistan, too, has witnessed a surge in demand for Rule of Law in recent years. Capitalizing on this domestically garnered mandate, this paper reviews the legal obstacles to economic growth in Pakistan. It finds significant impediments for growth and market development due to legal shortcomings in the case of Pakistan.
Number of Pages in PDF File: 25
Keywords: Rule of Law, Legal Development, Economic Growth, Pakistan
JEL Classification: K10, O43working papers series
Date posted: October 1, 2010
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo2 in 0.406 seconds