Asian economic and legal development

This book describes economic development from a variety of disciplines - history, jurisprudence, economics, anthropology, economic history and economic development. The authors find a unifying theme to development, with one of the most important factors influencing economic development being the efficiency of the legal system, and its ability to reduce business and political uncertainty. An efficient legal system has a direct impact on economic development. In so far as the legal system clearly establishes easily ascertainable rules that are equally applicable, the uncertainty of doing business is reduced. This, in turn, reduces the costs of doing business, and, to the extent that costs are being reduced, more transactions can be undertaken.
Business people, government leaders, academics and students wanting to understand economic growth in Asia, and its current problems, will find this book invaluable.