Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case

The existence of markets that operate smoothly is an important factor influencing a nation’s economic growth. Furthermore, an effective judicial system is a necessary condition for markets to function well. Therefore, it is reasonable to expect a positive relationship to exist between income per cap...

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Autor principal:	Alexandre B. Cunha
Formato:	article
Lenguaje:	EN PT
Publicado:	FUCAPE Business School 2021
Materias:	rule of law markets per capita income growth Business HF5001-6182
Acceso en línea:	https://doaj.org/article/8a094d677631424d9fb966048d9130f6
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spelling	oai:doaj.org-article:8a094d677631424d9fb966048d9130f62021-11-11T15:48:08ZEconomic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case1807-734X10.15728/bbr.2021.18.2.5https://doaj.org/article/8a094d677631424d9fb966048d9130f62021-01-01T00:00:00Zhttp://www.redalyc.org/articulo.oa?id=123067049005https://doaj.org/toc/1807-734XThe existence of markets that operate smoothly is an important factor influencing a nation’s economic growth. Furthermore, an effective judicial system is a necessary condition for markets to function well. Therefore, it is reasonable to expect a positive relationship to exist between income per capita and adhesion to the rule of law. This conjecture is corroborated here in a sample of 110 countries in 2016. Additionally, the data show that the rule of law is relatively weak in Brazil, suggesting that an improvement of the Brazilian judicial system is a potential growth-enhancing reform.Alexandre B. CunhaFUCAPE Business Schoolarticlerule of lawmarketsper capita incomegrowthBusinessHF5001-6182ENPTBBR: Brazilian Business Review, Vol 18, Iss 2, Pp 196-216 (2021)
institution	DOAJ
collection	DOAJ
language	EN PT
topic	rule of law markets per capita income growth Business HF5001-6182
spellingShingle	rule of law markets per capita income growth Business HF5001-6182 Alexandre B. Cunha Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case
description	The existence of markets that operate smoothly is an important factor influencing a nation’s economic growth. Furthermore, an effective judicial system is a necessary condition for markets to function well. Therefore, it is reasonable to expect a positive relationship to exist between income per capita and adhesion to the rule of law. This conjecture is corroborated here in a sample of 110 countries in 2016. Additionally, the data show that the rule of law is relatively weak in Brazil, suggesting that an improvement of the Brazilian judicial system is a potential growth-enhancing reform.
format	article
author	Alexandre B. Cunha
author_facet	Alexandre B. Cunha
author_sort	Alexandre B. Cunha
title	Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case
title_short	Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case
title_full	Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case
title_fullStr	Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case
title_full_unstemmed	Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case
title_sort	economic growth, markets and the rule of law: brief considerations on the brazilian case
publisher	FUCAPE Business School
publishDate	2021
url	https://doaj.org/article/8a094d677631424d9fb966048d9130f6
work_keys_str_mv	AT alexandrebcunha economicgrowthmarketsandtheruleoflawbriefconsiderationsonthebraziliancase
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Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case

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