Law and development
Encyclopedia
Law and development is an interdisciplinary study of law and economic and social development. It examines the relation between law and development and anlyzes how to use law as an instrument to promote economic development
, democracy
and human rights
.
Law and development
In the 1960s, some American organizations such as the U.S. Agency for International Development and the Ford Foundation
sponsored the law reform in developing countries. Legal scholars from leading American law schools wrote many articles discussing the contribution of law reform to economic development. This was called the law and development movement. However, after only one decade, both key involved scholars and former Ford Foundation
officials declared this movement failed.
See also
Economic development
Economic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area...
, democracy
Democracy
Democracy is generally defined as a form of government in which all adult citizens have an equal say in the decisions that affect their lives. Ideally, this includes equal participation in the proposal, development and passage of legislation into law...
and human rights
Human rights
Human rights are "commonly understood as inalienable fundamental rights to which a person is inherently entitled simply because she or he is a human being." Human rights are thus conceived as universal and egalitarian . These rights may exist as natural rights or as legal rights, in both national...
.
Law and development
In the 1960s, some American organizations such as the U.S. Agency for International Development and the Ford Foundation
Ford Foundation
The Ford Foundation is a private foundation incorporated in Michigan and based in New York City created to fund programs that were chartered in 1936 by Edsel Ford and Henry Ford....
sponsored the law reform in developing countries. Legal scholars from leading American law schools wrote many articles discussing the contribution of law reform to economic development. This was called the law and development movement. However, after only one decade, both key involved scholars and former Ford Foundation
Ford Foundation
The Ford Foundation is a private foundation incorporated in Michigan and based in New York City created to fund programs that were chartered in 1936 by Edsel Ford and Henry Ford....
officials declared this movement failed.
See also
- Law and economicsLaw and economicsThe economic analysis of law is an analysis of law applying methods of economics. Economic concepts are used to explain the effects of laws, to assess which legal rules are economically efficient, and to predict which legal rules will be promulgated.-Relationship to other disciplines and...
- Legal origins theoryLegal origins theoryIn economics, the legal origins theory states that many aspects of a country's economic state of development are the result of their legal system, most of all where a particular country received its law from...
- International developmentInternational developmentInternational development or global development is a concept that lacks a universally accepted definition, but it is most used in a holistic and multi-disciplinary context of human development — the development of greater quality of life for humans...
- International economic lawInternational economic lawInternational economic law is a field of international law that regulates the behavior of states, international organizations and firms operating in the international arena...