Introduction Foreign direct investment (FDI) is a critical driver of economic development, bringing capital, technology, and expertise into host economies. However, investors face risks when committing resources abroad, including political
Category: Public Policy

Law, Corruption, and Economic Development: Causal LinksLaw, Corruption, and Economic Development: Causal Links
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.

Law and Economic Inequality: Can Regulation Reduce the Gap?Law and Economic Inequality: Can Regulation Reduce the Gap?
Introduction Economic inequality is one of the defining challenges of the 21st century. The widening gap between the wealthy and the poor has profound social, political, and economic consequences. While

Cost-Benefit Analysis in Legal Decision-MakingCost-Benefit Analysis in Legal Decision-Making
Introduction Cost-benefit analysis (CBA) has become a central tool in evaluating public policies, regulations, and legal decisions. Rooted in welfare economics, it provides a structured way to compare the expected

The Economics of Tax Evasion and Legal EnforcementThe Economics of Tax Evasion and Legal Enforcement
Introduction Taxation is the backbone of modern states, providing the resources necessary for public goods, infrastructure, and welfare. However, tax evasion undermines state capacity, distorts economic efficiency, and exacerbates inequality.