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Measuring Law and Institutions

Author

Listed:
  • Janez Sustersic

    (University of Primorska, Slovenia)

Abstract

The report on the workshop Measuring Law and Institutions highlights two topics. One is the World Bank governance indicators; improvements in governance significantly increase national income. The other is the importance of legal origins; different legal traditions are supposed to influence economic performance. Civil law tradition is closer to constructivist top-down regulation of society, whereas common law is closer to liberal order, based on independent individual decisions. The workshop concluded that better tools for measuring law and institutions are needed and that also the beneftis, not only the costs of regulations need to be taken into account.

Suggested Citation

  • Janez Sustersic, 2008. "Measuring Law and Institutions," Management, University of Primorska, Faculty of Management Koper, vol. 3(1), pages 99-103.
    • Handle: RePEc:mgt:youmng:v:3:y:2008:i:1:p:99-103
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    File URL: http://www.fm-kp.si/zalozba/ISSN/1854-4231/3_099-103.pdf
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    File URL: http://www.fm-kp.si/zalozba/ISSN/1854-4231/3_104-106.pdf
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