The Role of Law in Economic Development
Article from: TDM 0 (2003), in Roundup of Articles
Development was long seen as a function of economics and engineering. More recently, social scientists, political scientists and environmentalists have started to play an increasingly important role in what has come to be called "sustainable development." For development to be truly sustained, however, it has to be a comprehensive process in which all disciplines and professions fully participate. Law, in particular, as the formal instrument of orderly change in society, plays a pivotal role, even though this role has not always been readily recognized.