Citation

Toye J. Camb. J. Econ. 2008; 32(3): 513-525.

Copyright

(Copyright © 2008, Cambridge Political Economy Society, Publisher Oxford University Press)

DOI

10.1093/cje/bem050

PMID

unavailable

Abstract

For economic development, the central importance of commercial law, private enterprise and public infrastructure are undeniable. Yet trying to transplant such in situations when they are foreign can add political turmoil to economic stagnation. Drawing on The Elgar Companion to Development Studies (2006), this dilemma is explored with implications for the appropriate definition of 'institutions'; the meaning of property rights and the mechanisms of conflict resolution.