The creation of the rule of law and the legitimacy of property rights the political and economic consequences of a corrupt privatization
The creation of the rule of law and the legitimacy of property rights: the political and economic consequences of a corrupt privatization

"How does the lack of legitimacy of property rights affect the dynamics of the creation of the rule of law? We investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is possible, that those who have "stolen" assets ca...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Hoff, Karla Ruth (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge, MA National Bureau of Economic Research 2005
Schriftenreihe:NBER working paper series working paper 11772
Schlagworte:
Entwicklungsländer
Post-communism > Developing countries
Privatization > Developing countries
Right of property > Developing countries
Rule of law > Developing countries
Online-Zugang:DE-522
DE-12
DE-521
DE-1102
DE-1046
DE-1047
DE-858
DE-Aug4
DE-573
DE-M347
DE-92
DE-1051
DE-898
DE-859
DE-860
DE-1049
DE-863
DE-862
DE-523
DE-2070s
DE-M352
DE-Re13
DE-70
DE-128
DE-22
DE-155
DE-150
DE-91
DE-384
DE-473
DE-19
DE-355
DE-703
DE-20
DE-706
DE-29
DE-739
Volltext
Zusammenfassung:"How does the lack of legitimacy of property rights affect the dynamics of the creation of the rule of law? We investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is possible, that those who have "stolen" assets cannot be fully protected under a change in the legal regime towards rule of law, and that the number of agents with control rights over assets is large. We show that a demand for broadly beneficial legal reform may not emerge because the expectation of weak legal institutions increases the expected relative return to stripping assets, and strippers may gain from a weak and corrupt state. The outcome can be inefficient even from the narrow perspective of the asset-strippers"--National Bureau of Economic Research web site
Beschreibung:Includes bibliographical references. - Title from PDF file as viewed on 12/7/2005
Erscheinungsjahr in Vorlageform:c2005
Weitere Ausgabe: Hoff, Karla Ruth: The creation of the rule of law and the legitimacy of property rights
Beschreibung:1 Online-Ressource
Login für die Nachverfolgung von Bestellungen und Vormerkungen
Volltext öffnen

Ähnliche Einträge