Law and Development 50 Years On
International Encyclopedia of Social and Behavioral Sciences (Forthcoming)
12 Pages Posted: 16 Oct 2012
Date Written: October 15, 2012
Law and development refers both to organized efforts to transform legal systems in developing countries to foster economic, political and social development and to the academic projects stimulated by these efforts. Begun in the mid-20th century, law and development's dominant ideas and projects have changed over time as theories of development and agency priorities have changed. Law and development efforts accelerated in the 1990s as international financial institutions began to emphasize the rule of law. As the 21st century dawned, ideas and projects of the 20th Century were assessed and critiqued and new themes have emerged.
Keywords: Legal Institutions and Development, Economic Development, Modernization, Rule of Law
JEL Classification: K33
Suggested Citation: Suggested Citation