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
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: O21working papers series
Date posted: June 22, 2011 ; Last revised: October 7, 2011
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