Arbeitspapier

Law, Economic Growth and Human Development: Evidence from Africa

This paper cuts adrift the mainstream approach to the legal-origins debate on the law-growth nexus by integrating both overall economic and human components in our understanding of how regulation quality and the rule of law lie at the heart of economic and inequality adjusted human developments. Findings summarily reveal that legal-origin does not explain economic growth and human development beyond the mechanisms of law. Our results support the current consensus that, English common-law countries provide for better legal systems that improve conditions for economic growth and human development than French civil-law countries. Portuguese civil-law countries lie between the French-speaking and North African countries, while French sub-Saharan Africa is slightly below the average of Francophone Africa. As a policy implication, results support the benefits of the rule of law and quality of regulation as channels to economic growth and human development.

Sprache
Englisch

Erschienen in
Series: AGDI Working Paper ; No. WP/11/010

Klassifikation
Wirtschaft
Health, Education, and Welfare: General
Regulation and Business Law: General
Legal Procedure, the Legal System, and Illegal Behavior: General
Economywide Country Studies: Africa
Comparative Economic Systems: General
Thema
Law
economic growth
human development
Africa

Ereignis
Geistige Schöpfung
(wer)
Asongu, Simplice A.
Ereignis
Veröffentlichung
(wer)
African Governance and Development Institute (AGDI)
(wo)
Yaoundé
(wann)
2011

Handle
Letzte Aktualisierung
20.09.2024, 08:24 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Asongu, Simplice A.
  • African Governance and Development Institute (AGDI)

Entstanden

  • 2011

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