Legal Systems and Economic Development

Author(s):  
Katharina Pistor

Legal systems and economic development stand in a complex, interdependent relation to one another. Attempts to identify a causal relation from law to economic outcomes have mostly failed, because they don’t take into account the effect of legal and economic change on power structures, and more broadly, on social relations. In part this can be attributed to the conceptual blindness of certain disciplines that focus on micro-constellations and largely ignore systemic effects; in part, it is the result of wishful thinking in policymaking institutions that have time and again tried to use law as an instrument for engineering economic change.

2021 ◽  
pp. 205301962110015
Author(s):  
Jason Ludwig

This article argues for the importance of integrating histories of enslaved Africans and their descendants—including histories of resistance to racialized power structures—within narratives about the Anthropocene. It suggests that the Black Studies Scholar Clyde Wood’s concept of the “blues epistemology” offers conceptual tools for considering how Black political and intellectual traditions have strived to imagine and create a more livable world amid the entangled crises of racial injustice and ecological degradation. I argue that locating Black political thought within broader narratives of environmental change and economic development illuminates the racial dimensions of current global ecological crises and orients scholarship and political practice toward the spaces in which such thought is being animated today in response to the challenges of the Anthropocene.


2021 ◽  
Vol 16 (4) ◽  
pp. 133-147
Author(s):  
I.R. LYAPINA ◽  
◽  
T.A. ZHURAVLEVA ◽  
I.V. SKOBLIAKOVA ◽  
◽  
...  

The purpose of the research is to study of the features of the influence of social institutions on the cyclicality and dynamics of economic development in the context of identifying the role of social institutions at individual phases of the cycle of economic development, as well as consideration of the functions and tools of social institutions by phases of economic development. The subject of the research is a set of roles, functions and tools of social institutions related to different phases of the cycle of economic development. The methodological base is formed for the implementation of scientific research tasks. Its tools are methods that allow reflecting the features of the influence of social institutions on the cyclical nature of the economy: the method of theoretical foundations, the method of grouping, the method of analysis, the method of comparison, the method of implication. As a result of the study, it is indicated that the functions of social institutions should be highlighted: the consolidation of emerging social relations, adaptation, regulatory processes, a communication basis and a translational basis. The instruments that influence economic fluctuations are formed in the context of social institutions. Thus, the institution of the family is characterized by the use of an optimization mechanism, the concept of sustainability of social relations, the concept of production and distribution of economic benefits in order to meet the needs of each of the subjects.


2019 ◽  
Vol 8 (3) ◽  
pp. 74-88 ◽  
Author(s):  
Bill McClanahan ◽  
Tatiana Sanchez Parra ◽  
Avi Brisman

In 2016, Colombia’s left-wing guerrilla FARC-EP (Fuerzas Armadas Revolucionarias de Colombia—Ejército del Pueblo) began demobilisation. While demobilisation and the ensuing peace accords brought renewed hope that the country could imagine different political and social relations—and new ecological and economic conditions—multinational corporations filled the ‘void’ left by FARC-EP forces. Corporate interests in Colombia’s natural resources predated the demobilisation. However, extractive processes were restricted by the dynamics of the armed conflict. In 2016, immediately following the demobilisation, deforestation in Colombia jumped 44 per cent. In the transitional demobilisation period, huge swaths of the country were opened for economic development. Thus, while the environment is often a victim in armed conflict, in Colombia, conflict contributed to the preservation of some areas. Among the forms of development that have emerged in Colombia, ‘ecotourism’ has risen quickly to the fore. While ecotourism may offer some promise, it should be viewed with caution.


Author(s):  
Robert Mickey

This chapter examines the legacies and lessons of the southern enclaves' different paths to democratization. It first summarizes the book's findings, showing how, from the abolition of the white primary in 1944 until the McGovern–Fraser National Democratic Party reforms of the early 1970s, democratizers assaulted the authoritarian enclaves of the Deep South. It then offers a way to supplement existing approaches to the study of contemporary electoral and economic change, focusing in particular on how the framework of authoritarian enclaves might enhance our understanding of the rise of southern Republicans and the South's uneven economic development. It concludes by considering some implications of the book's findings for the study of the South, American political development, and regime change.


2020 ◽  
Vol 64 (4) ◽  
pp. 16-43
Author(s):  
Ben Fink

Roadside Theater is a populist theatre company. Refusing liberal elitism, activist vanguardism, and the authoritarian pseudo-populism of Donald Trump, Roadside works in grassroots partnerships that cross racial, political, and rural-urban lines. Combining theatre production, community organizing, and economic development, this work creates the conditions for residents of the Appalachian coalfields and neighbors nationwide to confront exploitative power structures and divisive culture wars, tell their own stories, build shared power and wealth, and create a future where “We Own What We Make.”


Author(s):  
Bradley E. Ensor

A Marxist perspective considers contradictions within modes of production that ultimately lead to crises and transformations to other modes, providing a framework for interpreting political economic change in human societies. This chapter describes how kinship and marriage structure social relations of production and contradictions in kin-modes that may lead to social transformations. An archaeological framework for making inferences on kinship and marriage is applied to the Archaic periods of the Lower Mississippi Valley to explain the enigmatic development of early mound-building foraging societies and their dissolution in the Tchefuncte period. The Archaic periods reflect competitive “Crow/Omaha” kinship and marriage—explaining mound building and widespread craft production and exchange—that experienced the disproportionate demographic growth among descent groups hypothesized to cause crises in social reproduction. This was followed by a social transformation in the Tchefuncte period to bilateral descent networks with a less competitive “complex” marriage system.


Author(s):  
Behrooz Shahmoradi ◽  
Enayatallah Najibzadehr

Nowadays, most of the countries in the world mostly concentrate on the flow of FDI, because it has direct relationship with economic development. The present study attempts to make a contribution in this context, by analyzing the existence and nature of causalities, if any, between FDI and economic growth in India since 1990, where growth of economic activities and FDI has been one of the most pronounced. The results indicate that there is a strong correlation between FDI inflows and GDP in India. And also there is unidirectional causal relation between FDI and GDP. Finally as co-integration shows there is no long run relationship between FDI and economic growth in India.


1982 ◽  
Vol 42 (1) ◽  
pp. 91-104 ◽  
Author(s):  
David I. Steinberg

The Harvard University–Korea Development Institute eight-volume study of Korean economic development from 1945 to 1975 represents what is probably the single most comprehensive attempt to document economic change in a developing society. Although the volumes concentrate on economics, important omissions are evident, most of them because of the dearth of contributions from noneconomic social scientists and the orientations of the sponsoring institutions. Donors may be strongly tempted to view Korea as a development model, but a variety of internal and external factors make this approach inappropriate.


Author(s):  
Lou Hammond Ketilson

Although globalization has many facets, a key marker is the increasing domination of market relations over other kinds of social relations. This phenomenon has created an increased interest in alternative forms of economic development more consistent with community values, as well as an increased attention to the nature and importance of social relationships in themselves and as preconditions for economic success. This chapter provides numerous examples of the role that social economy and, in particular, co-operatives play in developing and sustaining communities in Canada, by building and strengthening physical, personal, and social infrastructures in remote, rural, and indigenous areas, as well as in urban settings.


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