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Title
Law and economic development : behavioral and moral foundations of a changing world / edited by Kaushik Basu, Ajit Mishra.
ISBN
9783031249389 (electronic bk.)
3031249380 (electronic bk.)
9783031249372
3031249372
Published
Cham, Switzerland : Palgrave Macmillan, 2023.
Language
English
Description
1 online resource (251 pages) : illustrations (black and white).
Other Standard Identifiers
10.1007/978-3-031-24938-9 doi
Call Number
K3820
Dewey Decimal Classification
343.07/4
Summary
This book is a major stocktaking of law and economics in the context of developing and emerging economies, and in the light of the dramatic changes in the global economy that we have witnessed in recent years. The rise of artificial intelligence, digital technology, and mega platforms that collect data and facilitate trade is changing the landscape of economics. Rapid globalization has created new challenges for law and regulation, since increasingly contentious cases arise which span multiple countries and several legal jurisdictions. All these changes are giving rise to new problems in developing countries where many people lead precarious lives anyway, healthcare is minimal, and corruption widespread. Alongside these global developments, the discipline of law and economics is also undergoing profound changes, making us re-think some of the founding assumptions of the subject. Kaushik Basu is Professor of Economics and the Carl Marks Professor of International Studies in the Economics Department and the SC Johnson College of Business, Cornell University, USA. From 2012 to 2016 he was Chief Economist of the World Bank. Prior to that, from 2009 to 2012, he was Chief Economic Advisor to the Government of India. Educated at St. Stephens College, Delhi, and the London School of Economics, Basu has published extensively in development economics, game theory, welfare economics and industrial organization. His recent books include The Republic of Beliefs: A New Approach to Law and Economics (published in 2018) and Policymakers Journal: From New Delhi to Washington, D.C. (published in 2021). Ajit Mishra teaches at the University of Bath, UK. Educated at the Delhi School of Economics, he has been actively engaged in research and lecturing in development economics, public economics, and economic theory. He has taught at various institutions in India and the UK. He served as the Director of the Institute of Economic Growth, India. Besides papers in leading journals, he has edited two books: Economics of Corruption and Markets, Governance and Institutions. He is an Associate Editor of the Journal of Economic Behavior and Organization.
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Source of Description
Description based on print version record.
Chapter 1: Introduction
Chapter 2: Property of the Social Media Data
Chapter 3: A Giant Glob of Oily Ambiguity: On the Use of the Concept of Power in Economics
Chapter 4: Temptation and Crime
Chapter 5: Moral Costs of Corruption: A Review of the Literature
Chapter 6: Reason-Giving and Rent-Seeking
Chapter 7: Pandemic Preparedness and Response: Advancing Research, Development, and Ethical Distribution of New Treatments and Vaccines
Chapter 8: Law and Industrial Policy in the Age of (de)Globalization: The Perspective of IP Protection
Chapter 9: Neither Crime nor (much) Punishment: Indias Cartel Penalty Practices
Chapter 10: Legal Challenges for Corporations in the 21st Century.
