Holdings: Exiting a Lawless State

Exiting a Lawless State

An earlier paper showed that an economy could be trapped in an equilibrium state in which the absence of the rule of law led to asset-stripping, and the prevalence of asset-stripping led to the absence of a demand for the rule of law, highlighting...

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Bibliographic Details
Main Authors:	Hoff, Karla, Stiglitz, Joseph E.
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ABUSE ABUSE OF POWER AGENCY PROBLEMS ANTICORRUPTION ANTICORRUPTION CAMPAIGNS ASSASSINATION ASSET STRIPPING ASSET VALUES ASSETS AUTHORITARIAN RULE AUTHORITARIANISM AUTHORITY BENEFICIARIES BRIBE BUSINESSMEN CAPITAL INFLOWS CITIZENS CLAIMANT COLLAPSE COLONIAL COUNTRIES COMMERCIAL LAW COMMON PROPERTY COMMUNISM COMMUNIST COMMUNIST PARTY COMPENSATION CONSTITUENCIES CONSTITUENCY CORPORATE GOVERNANCE CORPORATE GOVERNANCE MECHANISMS CORRUPTION COURT COURT DECISION CREDIT RATIONING CRIMINAL CRONIES DEMOCRACY DEMOCRATIC GOVERNANCE DEPENDENT DEVELOPMENT ECONOMICS DICTATORSHIP EAST EUROPEAN ECONOMIC GROWTH ECONOMIC HISTORIANS ECONOMIC REFORM ECONOMIC REFORMS ECONOMIC THEORY ECONOMICS EFFICIENT OUTCOMES ELECTED OFFICIALS EMPLOYMENT ENTERPRISE RESTRUCTURING EXTERNALITIES FINANCIAL PROBLEMS FISCAL COSTS FREE MARKET GANGS GOVERNMENT POLICIES GOVERNMENT SPENDING HISTORIANS ILLEGITIMATE CHILDREN INCOME INEQUALITY INSTITUTIONAL DEVELOPMENT INSTITUTIONAL ENVIRONMENT INSTITUTIONAL FOUNDATIONS INSTITUTIONAL REFORM INTEREST RATE INTERNATIONAL CAPITAL INTERNATIONAL CAPITAL FLOWS INVESTIGATION INVESTIGATORS JUSTICE LABOR ADJUSTMENT COSTS LAW ENFORCEMENT LAWS LEADERSHIP LEGAL REFORM LEGAL SYSTEM LEGALITY LEGITIMACY LOBBYING MARKET ECONOMY MEDIA MINISTER MONETARY POLICY MULTIPLE EQUILIBRIA NATIONAL POLICIES NATIONALIZATION OPPORTUNISTIC BEHAVIOR PAYOFF PAYOFFS POLITICAL CONSENSUS POLITICAL CORRUPTION POLITICAL ECONOMY POLITICAL INSTITUTIONS POLITICAL RISKS POLITICIANS POSSESSION PRINCIPAL ASSETS PRIVATE OWNERSHIP PRIVATIZATION PROPERTY RIGHTS PROSECUTION PROTECTION OF PROPERTY PUBLIC OFFICIALS PUBLIC SECTOR PUBLIC SPENDING RECAPTURE OF ASSETS RENTS REVOLUTION RULE OF LAW SECURITIES LAW SOCIAL COST SOCIAL WELFARE STATE ASSETS STATE ENTERPRISES STATE INSTITUTIONS STATE OWNERSHIP STATE POWER THEFT TIGHT MONETARY POLICY TRANSITION ECONOMIES TRANSITION ECONOMY VICTIMS VOTING WILL WORLD POLITICS
Online Access:	http://documents.worldbank.org/curated/en/2008/02/9048193/exiting-lawless-state http://hdl.handle.net/10986/6589

Internet

http://documents.worldbank.org/curated/en/2008/02/9048193/exiting-lawless-state
http://hdl.handle.net/10986/6589

Exiting a Lawless State

Internet

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