Category Archives: Law and Development

Precious Oluwatobi Emmanuel, ‘Intellectual Property Rights As A Pathway To Sustainable Development’

ABSTRACT Intellectual Property Rights (IPRs) passively touch many aspects of our world. Its role has only widened over the years due to the development of technology and due to its interactions with other laws and international agreements. Sustainable development is an aspect where the effects of IPRs are felt. Sustainable development has been a staple […]

Wamuyu, Odote and Anyango, ‘Compensating Toxic Torts in Kenya: Overcoming the Causation Dilemma’

ABSTRACT Environmental degradation is at unprecedented level in the world. One of the common causes of environmental degradation is pollution which as a consequence leaves contaminants in the environment. The contaminants in the environment cause many diseases to human beings therefore compromising the ability of the environment to support a healthy life. Appropriate legal mechanisms […]

Grajzl and Murrell, ‘Of Families and Inheritance: Law and Development in Pre-Industrial England’

ABSTRACT We examine how pre-industrial English caselaw development on land, inheritance, and families affected, and was affected by, economic and demographic outcomes. Our yearly measures of caselaw development are derived from existing topic-model estimates that reflect a comprehensive corpus of reports on pre-1765 court cases. We estimate a structural VAR model using these caselaw time-series […]

Jie Wu, ‘Intellectual property institutions and innovation of emerging multinational companies’

ABSTRACT Using a panel data of Chinese firms’ internationalization activities, we assess whether intellectual property (IP) institutions in a host country benefits or impedes innovation of emerging multinational companies (EMNCs). We show that IP institutions in a host country enable an EMNC to obtain critical technologies for innovation, and moderate IP institutions are optimal levels […]

Rudresh Mandal, ‘Directors’ duties, CSR and the tragedy of the commons in India: Mutual coercion mutually agreed upon’

ABSTRACT This article argues that humanity is locked into a system culminating in the tragedy of the commons (ToC), and swift action is required to course-correct. Undeniably, companies are the single-largest users of natural resources. To that extent, this article puts forward two interrelated proposals on refining directors’ duties under Section 166 of the Indian […]

Fan, Peng, Wang and Xu, ‘Greening Through Finance?’

ABSTRACT This paper investigates how green credit regulation affects firms’ loan conditions and their economic and environmental performance. In a simple theoretical model, with strengthened green credit regulations, banks raise loan interest rates to nonabatement firms. Firms that were formerly indifferent to pollution abatement must predetermined their abatement and production strategies. Using disaggregated firm-level data, […]

Berre and Schram, ‘The Issue of Trust in Developing Countries: Was Adam Smith Right and Are Modern Economists Wrong?’

ABSTRACT In low and middle-income countries, markets frequently fail to perform adequately. What makes the malfunctioning of these markets particularly relevant is that the resulting welfare effects and efficiency losses have a much larger social impact than in high income countries. Amongst the causes on the one hand ‘hard’ conditions regarding the legal system, and […]

J Janewa OseiTutu, ‘IP in the African Union: Opportunities for New Discourse?’

ABSTRACT The African Union (AU) has embarked on the important process of creating intellectual property (IP) law and policy for the African continent. As this book chapter explains, it is difficult to decipher a coherent approach to the AU’s IP policy for Africa. However, there are some common themes in the AU documents that should […]

Mohammad Towhidul Islam and Md Habib, ‘Intellectual Property Perspectives of Women’s Traditional Knowledge in Bangladesh’

ABSTRACT This paper claims that, though the mass commercialization of traditional knowledge-goods have brought positive changes to the lives of millions of poor female artisans, misappropriation of traditional ingenuity by giant dealers and middlemen have also thwarted huge potentials including exploitation of economic returns of intellectual property of the traditional artists. The paper has found, […]

Yong-Shik Lee, ‘Property Rights and Economic Development’

ABSTRACT Formal private property rights (‘FPPRs’) have been advocated as an important prerequisite to economic development: a legal right to property ownership motivates economic players to engage in economic activities when these activities yield property interests, and this, in turn, contributes to economic development. All of the OECD countries today, which are economically advanced, protect […]