How can property rights be protected and contracts be enforced in countries where the rule
of law is ineffective or absent? How can firms from advanced market economies do business …

How do property rights become secure? How does rule of law take hold in an economy?
The author uses an original survey of 516 firms in Russia and Ukraine, as well as interview …

What threatens the property rights of business owners-and what makes these rights secure?
This book transcends the conventional diagnosis of the issue in modern developing …

With the enormous expansion of scholarship on this subject,“rule of law” has come to mean
different things—ranging from security and order to the operations of courts and the …

Why do developing countries prove so resistant to the rule-of-law and, more generally, good
governance? The problem is all the more paradoxical because the institutional technologies …

Does law play a role in the economies that are moving from Soviet-style socialism to market
capitalism? The essays in this book examine that question, providing a vivid picture of how …

Most social scientists take for granted that law is defined by the presence of a centralized
authority capable of exacting coercive penalties for violations of legal rules. Moreover, the …

Recent high-profile corporate scandals—such as those involving Enron in the United States,
Yukos in Russia, and Livedoor in Japan—demonstrate challenges to legal regulation of …

Abstract The Progressive Era of the early twentieth-century US saw significant growth of
government regulation of business. We model the choice of law enforcement strategy …

Abstract 'In a capitalist society, to say “markets” or “business” is to say “the law”.'(Sklar, 1988,
p. 86) Providing an extended case study of the co-evolution of change in US labor and …