The Failure to Transplant Democracy, Markets, and the Rule of Law into the Developing World

Weingast, Barry

doi:10.2139/ssrn.1868978

Abstract

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The Failure to Transplant Democracy, Markets, and the Rule of Law into the Developing World

Barry R. Weingast

Stanford University - The Hoover Institution on War, Revolution and Peace

June 21, 2011

The Annual Proceedings of the Wealth and Well-being of Nations, p. 29, 2011

Abstract:
This article analyses the reason why the results have been frustrating for social reformers to promote democracy, markets, and the rule of law into the developing countries. Addressing the problem from three key dimensions: violence, perpetuity, and impersonality, the author points out that there is a fundamental error in the logic of the reformer's policies.

Number of Pages in PDF File: 11

Keywords: consolidated violence, perpetuity, Impersonality

JEL Classification: O21

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Date posted: June 22, 2011 ; Last revised: October 7, 2011

Suggested Citation

Weingast, Barry R., The Failure to Transplant Democracy, Markets, and the Rule of Law into the Developing World (June 21, 2011). The Annual Proceedings of the Wealth and Well-being of Nations, p. 29, 2011. Available at SSRN: http://ssrn.com/abstract=1868978 or http://dx.doi.org/10.2139/ssrn.1868978

Contact Information

Barry R. Weingast (Contact Author)

Stanford University - The Hoover Institution on War, Revolution and Peace ( email )

Stanford, CA 94305-6010
United States
650-723-0497 (Phone)
650-723-1808 (Fax)