Legal Reforms And Economic Performance: Revisiting The Evidence

  • Date Published 16/04/2024
Legal Reforms And Economic Performance: Revisiting The Evidence
Legal Reforms And Economic Performance: Revisiting The Evidence

This paper investigates whether legal reforms intended to create a market-friendly regulatory business environment have a positive impact on economic and financial outcomes. After conducting a critical review of the legal origins literature, we first analyze the evolution of legal rules and regulations during the last decade (2006-2014). For that purpose, we use legal/regulatory indicators from the Doing Business Project (World Bank). Our findings indicate that countries have actively reformed their legal systems during this period, particularly French civil law countries.

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Legal Reforms And Economic Performance: Revisiting The Evidence

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