Law and Poverty of Nations Seminar

A growing law and economics literature shows the importance and role of the law for economic development. This seminar aims at presenting and discussing the most important research findings, which have begun to influence not only academic thinking about development but also the strategy and policy of international organizations such as the World Bank. It deals with the role of property, contract, torts and financial institutions in poor countries. It also deals with substitute institutions, which can at least temporarily overcome the consequences of lawlessness in developing countries.