Law and Long-Term Economic Change: A Eurasian Perspective (Stanford Economics and Finance) -

Law and Long-Term Economic Change: A Eurasian Perspective (Stanford Economics and Finance)

Yayınevi: Stanford University Press

Yayın tarihi: 07/2010

ISBN: 9780804772730

Ciltli | İngilizce | 368 Sayfa | 15,49x23,11x2,79 cm.

Tür: Finans-Bankacılık

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Recently, a growing body of work on "law and finance" and "legal origins" has highlighted the role of formal legal institutions in shaping financial institutions. However, these writings have focused largely on Europe, neglecting important non-Western traditions that prevail in a large part of the world. Law and Long-Term Economic Change brings together a group of leading scholars from economics, economic history, law, and area studies to develop a unique, global and, long-term perspective on the linkage between law and economic change.

Covering the regions of Western Europe, East and South Asia, and the Middle East, the chapters explore major themes regarding the nature and evolution of different legal regimes; their relationship with the state or organized religion; the definition and interpretation of ownership and property rights; the functioning of courts, and other mechanisms for dispute resolution and contract enforcement; and the complex dynamics of legal transplantations through processes such as colonization. The text makes clear that the development of legal traditions and institutions—as embodiments of cultural values and norms—exerts a strong effect on long-term economic change. And it demonstrates that a good understanding of legal origins around the world enriches any debate about Great Divergence in the early modern era, as well as development and underdevelopment in 19th-20th century Eurasia.

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