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Judicial Reform and Economic Development: A Survey of the Issues

  • Messick, Richard E
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    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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    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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    1. Rowat, M. & Malik, W.H. & Dakolias, M., 1995. "Judicial Reform in Latin America and the Caribbean," Papers 280, World Bank - Technical Papers.
    2. 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.
    3. 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.
    4. 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.
    5. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 681-712, August.
    6. 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.
    7. Hoff, Karla, 2008. "Joseph E. Stiglitz," Policy Research Working Paper Series 4478, The World Bank.
    8. 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.
    9. 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.
    10. Dakolias, M., 1996. "The Judicial Sector in Latin America and the Caribbean: Elements of Reform," Papers 319, World Bank - Technical Papers.
    11. Fafchamps, Marcel, 1996. "The enforcement of commercial contracts in Ghana," World Development, Elsevier, vol. 24(3), pages 427-448, March.
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