TY - BOOK AU - Stephen,Frank H. TI - Law and development: an institutional critique T2 - Advances in new institutional analysis SN - 1784718203 AV - K3820 STE 2018 PY - 2018///] CY - Cheltenham, UK PB - Edward Elgar Publishing KW - Law and economic development KW - Economic development KW - Government policy KW - Institutional economics KW - fast N1 - Includes bibliographical references (pages 163-175) and index N2 - This book draws on the analytical framework of New Institutional Economics (NIE) to critically examine the role which law and the legal system play in economic development. Analytical concepts from NIE are used to assess policies which have been supported by multilateral development organisations including securing private property rights, reform of the legal system and financial development. The importance of culture in shaping the legal environment, which in turn influences financial sector development, is also assessed using Oliver Williamson's 'levels of social analysis' framework ER -