Introduction The relationship between law, corruption, and economic development is a central theme in political economy and legal studies. Corruption undermines trust in institutions, distorts markets, and hinders sustainable growth.
Month: March 2025
Law as an Incentive Mechanism: How Legal Rules Shape Economic BehaviorLaw as an Incentive Mechanism: How Legal Rules Shape Economic Behavior
Introduction Law is not merely a system of rules that dictates what individuals can or cannot do. It also functions as a sophisticated incentive mechanism that shapes economic behavior, influences