Law and Long-Term Economic Change: A Eurasian Perspective

Front Cover
Debin Ma, Jan Luiten van Zanden
Stanford University Press, 2011 - Business & Economics - 358 pages
0 Reviews
Recently, a growing body of work on "law and finance" and "legal origins" has highlighted the role of formal legal institutions in shaping financial institutions. However, these writings have focused largely on Europe, neglecting important non-Western traditions that prevail in a large part of the world. Law and Long-Term Economic Change brings together a group of leading scholars from economics, economic history, law, and area studies to develop a unique, global and, long-term perspective on the linkage between law and economic change.

Covering the regions of Western Europe, East and South Asia, and the Middle East, the chapters explore major themes regarding the nature and evolution of different legal regimes; their relationship with the state or organized religion; the definition and interpretation of ownership and property rights; the functioning of courts, and other mechanisms for dispute resolution and contract enforcement; and the complex dynamics of legal transplantations through processes such as colonization. The text makes clear that the development of legal traditions and institutions—as embodiments of cultural values and norms—exerts a strong effect on long-term economic change. And it demonstrates that a good understanding of legal origins around the world enriches any debate about Great Divergence in the early modern era, as well as development and underdevelopment in 19th-20th century Eurasia.

  

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

An Editorial Introduction
1
Political Foundations of Private Law in Medieval Europe and Japan
19
A Legal Origin Perspective on the Great Divergence
46
4 Property Rights Land and Law in Imperial China
68
Intermediation and Adjudication in the Huizhou Region Anhui in SixteenthCentury China
91
6 Law and Economic Change in India 16001900
115
7 Land and Law in Colonial India
138
8 The Political Economy of Law and Economic Development in Islamic History
158
East versus West
198
11 Debt Litigation in Medieval Holland 1200 1350
221
12 The Resolution of Commercial Conflicts in Bruges Antwerp and Amsterdam 1250 1650
244
Rules Risks and Judges
277
14 The Evolution of Self and State Regulation of the London Stock Exchange 1688 1878
300
15 British Legal Institutions and Transaction Costs in the Early Transport Revolution
323
Index
343
Copyright

A Comparative Perspective
178

Common terms and phrases

About the author (2011)

Debin Ma is a faculty member of the Economic History Department at the London School of Economics. Jan Luiten van Zanden is Professor of Global Economic History at Utrecht University and President of the International Economic History Association.

Bibliographic information