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Judicial Reform and Economic Development: A Survey of the Issues

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  • Messick, Richard E
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    Abstract

    Acknowledging the importance of sound judicial systems to good governance and economic growth, the World Bank and several other donor organizations have funded judicial reform projects in more than two dozen developing countries and transition economies during the past few years. Yet little is known about the actual effect of judicial reform on economic performance or even about what elements constitute a sound reform project. This article surveys a wide range of current studies on judicial reform and finds some surprising results. Copyright 1999 by Oxford University Press.

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    Bibliographic Info

    Article provided by World Bank Group in its journal World Bank Research Observer.

    Volume (Year): 14 (1999)
    Issue (Month): 1 (February)
    Pages: 117-36

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    Handle: RePEc:oup:wbrobs:v:14:y:1999:i:1:p:117-36

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    References

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    1. Rowat, M. & Malik, W.H. & Dakolias, M., 1995. "Judicial Reform in Latin America and the Caribbean," Papers 280, World Bank - Technical Papers.
    2. Dakolias, M., 1996. "The Judicial Sector in Latin America and the Caribbean: Elements of Reform," Papers 319, World Bank - Technical Papers.
    3. Greif, Avner, 1989. "Reputation and Coalitions in Medieval Trade: Evidence on the Maghribi Traders," The Journal of Economic History, Cambridge University Press, vol. 49(04), pages 857-882, December.
    4. Hirschman, Albert O, 1994. "The On-and-Off Connection between Political and Economic Progress," American Economic Review, American Economic Association, vol. 84(2), pages 343-48, May.
    5. Sherwood, Robert M. & Shepherd, Geoffrey & De Souza, Celso Marcos, 1994. "Judicial systems and economic performance," The Quarterly Review of Economics and Finance, Elsevier, vol. 34(Supplemen), pages 101-116.
    6. Timothy Besley, 1995. "Nonmarket Institutions for Credit and Risk Sharing in Low-Income Countries," Journal of Economic Perspectives, American Economic Association, vol. 9(3), pages 115-127, Summer.
    7. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 681-712, August.
    8. Kranton, Rachel E. & Swamy, Anand V., 1999. "The hazards of piecemeal reform: british civil courts and the credit market in colonial India," Journal of Development Economics, Elsevier, vol. 58(1), pages 1-24, February.
    9. Fafchamps, Marcel, 1996. "The enforcement of commercial contracts in Ghana," World Development, Elsevier, vol. 24(3), pages 427-448, March.
    10. Hoff, Karla, 2008. "Joseph E. Stiglitz," Policy Research Working Paper Series 4478, The World Bank.
    11. Stephen Knack & Philip Keefer, 1995. "Institutions And Economic Performance: Cross-Country Tests Using Alternative Institutional Measures," Economics and Politics, Wiley Blackwell, vol. 7(3), pages 207-227, November.
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    Cited by:
    1. Fafchamps, Marcel & Minten, Bart, 1999. "Property rights in a flea market economy," MTID discussion papers 27, International Food Policy Research Institute (IFPRI).
    2. Gillian Hadfield, . "Contract Law is Not Enough: The Many Legal Institutions That Support Contractual Commitments," University of Southern California Legal Working Paper Series usclwps-1003, University of Southern California Law School.
    3. World Bank, 2002. "Brazil : The New Growth Agenda, Volume 2. Detailed Report," World Bank Other Operational Studies 15287, The World Bank.
    4. Djankov, Simeon & La Porta, Rafael & López-de-Silanes, Florencio & Shleifer, Andrei, 2002. "Courts: The Lex Mundi project," CEPR Discussion Papers 3344, C.E.P.R. Discussion Papers.
    5. Aron, Janine, 2002. "Building Institutions in Post-Conflict African Economies," Working Paper Series UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER).
    6. Devesh KAPUR & Richard WEBB, 2000. "Governance-Related Conditionalities Of The International Financial Institutions," G-24 Discussion Papers 6, United Nations Conference on Trade and Development.
    7. Paul Shaffer, 2008. "New Thinking on Poverty: Implications for Globalisation and Poverty Reduction Strategies," Working Papers 65, United Nations, Department of Economics and Social Affairs.
    8. Ogus, Anthony, 2004. "The Importance of Legal Infrastructure for Regulation (and Deregulation) in Developing Countries," Centre on Regulation and Competition (CRC) Working papers 30603, University of Manchester, Institute for Development Policy and Management (IDPM).
    9. Lopez-de-Silanes, Florencio, 2004. "A survey of securities laws and enforcement," Policy Research Working Paper Series 3405, The World Bank.
    10. Thrainn Eggertsson, 2006. "On the survival of imperfect institutions," Revista de Analisis Economico – Economic Analysis Review, Ilades-Georgetown University, Universidad Alberto Hurtado/School of Economics and Bussines, vol. 21(2), pages 13-24, December.
    11. repec:idb:brikps:47398 is not listed on IDEAS
    12. Rosenthal, Howard & Voeten, Erik, 2007. "Measuring legal systems," Journal of Comparative Economics, Elsevier, vol. 35(4), pages 711-728, December.
    13. Ogus, Anthony, 2005. "Towards Appropriate Institutional Arrangements for Regulation in Less Developed Countries," Centre on Regulation and Competition (CRC) Working papers 30644, University of Manchester, Institute for Development Policy and Management (IDPM).
    14. Harry G. Broadman & James Anderson & Constantijn A. Claessens & Randi Ryterman & Stefka Slavova & Maria Vagliasindi & Gallina A. Vincelette, 2004. "Buildings Market Institutions in South Eastern Europe : Comparative Prospects for Investment and Private Sector Development," World Bank Publications, The World Bank, number 14947, October.
    15. Dimitrova-Grajzl, Valentina & Grajzl, Peter & Sustersic, Janez & Zajc, Katarina, 2012. "Court output, judicial staffing, and the demand for court services: Evidence from Slovenian courts of first instance," International Review of Law and Economics, Elsevier, vol. 32(1), pages 19-29.
    16. Miguel St. Aubyn, 2008. "Law and Order Efficiency Measurement – A Literature Review," Working Papers Department of Economics 2008/19, ISEG - School of Economics and Management, Department of Economics, University of Lisbon.
    17. Kim Economides & Alfred A. Haug & Joe McIntyre, 2013. "Are Courts Slow? Exposing and Measuring the Invisible Determinants of Case Disposition Time," Working Papers 1317, University of Otago, Department of Economics, revised Nov 2013.

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