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29
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Introduction
Current institution
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September 1986 - December 2011
Position
- Politics and Economics of Japan
Position
- China
Publications
Publications (29)
This paper evaluates the importance of access to justice (ATJ) for economic growth. To do so, we create a new database on the number of judges per capita by collecting data from various public institutions and academic publications. We use these data as a country-level indicator to capture the structural evolution of ATJ from 1970 to 2019 for a wid...
We empirically investigate the impact of access to justice (ATJ) on GDP per capita growth in a panel of 83 countries from 1970 to 2014. Our analysis relies on a new database documenting the number of judges per capita as a proxy for capturing the cross-country evolution of ATJ. The proxy measures the extent to which disputes between economic actors...
The comparative quality of common law and civil law has become an issue of policy, since La Porta, Lopes-de-Silanes, Shleifer and Vishny (LLSV) developed their legal origins theory (LOT) asserting that common law countries enjoy better governance and economic performance than civil law countries. Influencing the methodology of the Doing Business Re...
Invalidating conjectures of financial engineering by supervening events, the subprime crisis called for critical rationalism. Contract modification based on rebus sic stantibus would be its perfect legal translation. Since the crisis originated in the US, legal origins theory (LOT) should predict an adaptive solution based on judge-made law, but ha...
Contract theory qualifies legal origins theory by focusing on codified default rules, which ease the conclusion of enforceable contracts. We have selected ten economically important codified contract types containing default rules and eight paradigm countries in one or two of three categories: mother countries of legal origins, financial centers, o...
Evidence collected from 64 countries confirms the comparative law theory of a convergence between common law and civil law. Yet, institutional competition between the two legal traditions continues as assumed by legal origins theory (LOT). Ideally, it drives convergence. Reviews on both substantive and procedural levels, however, infirm LOT's asser...
This book addresses two countervailing challenges to theory and policy in law and economics. The first is the rise of legal origins theory, which denies the comparative law view of convergence between common law and civil law by the assertion of an economic superiority of common law. The second is the series of economic crises in the very financial...
Joint Working Paper Series of the Centre de Recherche Droit, Economie et Société (CRIDES), the Institut de recherche économique et social (IRES) and the Centre d'Etudes sur les conflits et crises internationaux (CECRI) of the Université catholique de Louvain with the support of : CRIDES CENTRE DE RECHERCHE INTERDISCIPLINAIRE DROIT, ENTREPRISE & SOC...
Current discussions about the amendments and additions to the EMU part of the Maastricht Treaty focus on the institutional framework. The necessity and timeliness of this focus is suggested by the comparative ease with which agreement on some important issues was reached in late 1995 and early 1996. The large degree of approval won by Finance Minis...
To cope with more than incremental change in the international system, the neorealist concept of structure and the neoliberal concept of process must be complemented by a third analytically distinguished element: the concept of action. All three concepts can be used on the systemic level of analysis of international relations theory. Their obvious...
Most observers of the Pacific Basin economies have been looking at socio-cultural explanations of the success the so-called "NIEs", i.e. South Korea, Taiwan, Singapore and Hong Kong, have had in developing their economies in the last three decades. While these explanations are certainly worthwhile, they are not sufficient. We propose another one: s...
Explaining Japanese economic performance between the 1950s and the 1980s required an analysis of the way Japanese government, bureaucracy and private sector have adapted and/or used different economic theories and doctrines over time. Parsons' sociological theory of the functional prerequisites of a working society provided the necessary tool to in...
Long considered as an economic giant and a political dwarf, Japan begins to solve this paradox by acquiring a political weight on the international scene. lts diplomacy remains non-assertive and its military role limited. But it has an increasing influence on the structure of the world economy by the size of its GNP, the composition and spread of i...
Japan's economy keeps changing too fast, its economic policies are too active and independent, and its domestic structures seemingly deviate too much from Western patterns to conform to theories that rely on general equilibrium in mature economies. Static economics, including recent monetarist, supply-side, and rational expectations models, some as...
We argue that mercantilism is not an anachronism, but a pattern of interaction between economies functioning analytically as subsystems both of nations and societies. The relation between theory and policy in France's post war monetary history suggests two concepts of mercantilist rationalization of external economic policy. Although verbalized in...
L'adhésion de la Roumanie au FMI et la théorie des relations internationales, par Michèle Schmiegelow
La république socialiste de Roumanie a adhéré au Fonds monétaire international et à la Banque internationale pour la reconstruction et le développement le 15 décembre 1972. Elle est le premier pays de l'Est à l'avoir fait. Quelle est la significati...
