Law and Development in Middle-Income Countries: Introduction

13 Pages Posted: 23 Jan 2013

See all articles by Randall Peerenboom

Randall Peerenboom

La Trobe University - Faculty of Law and Management; Oxford University - Centre for Socio-Legal Studies

Date Written: January 22, 2013

Abstract

In 1960, there were 101 middle-income countries (MICs). By 2008, only thirteen had become high-income countries (HICs). Why do so many middle-income countries fail to develop after a promising start, becoming mired in the so-called “middle-income trap?” This is the introductory chapter to an interdisciplinary volume that addresses the special challenges MICs confront from both a theoretical and a practical perspective. Most of the existing literature that specifically discusses MICs is by economists or development specialists. This is the first volume on MICs that addresses law and development issues from the perspective of political, administrative and legal institutions and policies. This chapter begins with an overview of MICs, identifies the key issues, and then provides a synopsis of the other chapters.

Keywords: law and development, middle-income countries, middle-income trap, comparative law

Suggested Citation

Peerenboom, Randall, Law and Development in Middle-Income Countries: Introduction (January 22, 2013). Available at SSRN: https://ssrn.com/abstract=2205161 or http://dx.doi.org/10.2139/ssrn.2205161

Randall Peerenboom (Contact Author)

La Trobe University - Faculty of Law and Management ( email )

Department of Economics and Finance
Victoria 3552, 3086
Australia

Oxford University - Centre for Socio-Legal Studies

St. Cross Building
St. Cross Road
Oxford, OX1 3UJ
United Kingdom

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