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The law and finance view stressesthat differentlegal traditions emphasizeto differingdegreesthe rightsof individualinvestorsrelativeto the state,which has important ramificationsfor financialdevelopment. The dynamiclaw and finance view augmentsthe law and financeview,stressingthat legaltraditions also differ in their abilityto adapt to changingconditions.The politics and financeview rejectsthe central role of legal tradition,stressinginsteadthat politicalfactors shape financialdevelopment. The endowmentview arguesthat the mortalityrates of Europeansettlers as they colonizedvariousparts of the globe influencedthe institutionsthey initiallycreated, which has had enduringeffectson institutionstoday.
This report describes the laws of eight European countries—Belgium, Ireland, Italy, Liechtenstein, Luxembourg, the Netherlands, Spain, and Switzerland—that prohibit investment in certain controversial weapons.Controversial weapons are tho...
This report discusses the regulation of campaign financing and spending in national elections and the availability of free airtime for campaign advertising in Austria, Canada, Finland, Israel, Japan, New Zealand, and the United Kingdom. Specifically,...
This paper estimates the impact of a procedural reform on the efficiency and quality of adjudication in Senegal. The reform gave judges the duty and powers to conclude pre-trial proceedings within four months. A staggered rollout and three years of h...
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