The Value of Law: Evaluation in Transition Economies

Author: Peter Murayama (USA)
Publisher:
Publish Date: 2006-11-01
Features: In this book, the chapters collectively address the role of the legal system in transition economies. This book focuses on the legal system in the economy, mostly analyzing the legal system from an economic perspective and methodology. Each paper is based on empirical research, involving extensive data collection and analysis. It includes theoretical hypotheses, empirical evidence, analytical tools (primarily econometric methods), and testing analysis, which largely meet the criteria of scientific research. The author believes that in the face of extremely complex social realities, this is a pragmatic and serious research attitude and methodology, which is also the second reason the author likes this book. The background of the research in this book is the period of economic transition, with the theoretical framework mainly being institutional economics and the methodology primarily econometrics. The papers in this book focus on the role of law or the legal system in transition economies, such as the implementation of law, the impact of law on economic development, and other related aspects.