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

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

11 Pages Posted: 22 Jun 2011 Last revised: 16 Nov 2014

See all articles by Barry R. Weingast

Barry R. Weingast

Stanford University, Department of Political Science

Date Written: June 21, 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.

Keywords: consolidated violence, perpetuity, Impersonality

JEL Classification: O21

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: https://ssrn.com/abstract=1868978 or http://dx.doi.org/10.2139/ssrn.1868978

Barry R. Weingast (Contact Author)

Stanford University, Department of Political Science ( email )

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

HOME PAGE: http://https://www.stanford.edu/group/mcnollgast/cgi-bin/wordpress/

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