Of Legal Transplants, Legal Irritants, and Economic Development

Authors

Katharina Pistor, Columbia Law SchoolFollow
Daniel Berkowitz, University of Pittsburgh

Document Type

Book Chapter

Publication Date

2003

DOI

https://doi.org/10.1093/oso/9780195167054.003.0014

Abstract

The collapse of the socialist system has given way to unprecedented economic and legal reforms in the former socialist countries. Over the past decade they have enacted new legislation in all areas of the law, drawing heavily on legal models from developed market economies, including common law and civil law countries. While the transplanted laws now on the books is largely consistent with Western practice, the enforcement of these new laws is often ineffective (Berkowitz, Pistor, and Richard, 2003).

Disciplines

Growth and Development | International Economics | Law | Law and Economics

Recommended Citation

Katharina Pistor & Daniel Berkowitz, Of Legal Transplants, Legal Irritants, and Economic Development, Corporate Governance and Capital Flows in a Global Economy, Peter K Cornelius & Bruce Kogut (Eds.), Oxford University Press (2003).
Available at: https://scholarship.law.columbia.edu/faculty_scholarship/4348