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Law and Development in the United States

  • Yong-Shik Lee EMAIL logo
Veröffentlicht/Copyright: 10. August 2021

Abstract

Economic development is the term that has been associated with less developed countries in the Third World (“developing countries”), not the economically advanced countries (“developed countries”), such as the United States. However, the changing economic conditions in recent decades, such as the widening income gaps among individual citizens and regions within developed countries, stagnant economic growth deepening economic polarization, and an institutional incapacity to deal with these issues, render the concept of economic development relevant to the assessment of the economic problems in developed countries. In the United States, these economic problems caused a significant political consequence such as the unexpected outcome of the presidential election in 2016. This article examines the applicability of the legal and institutional approaches, which were originally adopted to stimulate economic development in successful developing countries, to the economic problems in the United States.


Corresponding author: Yong-Shik Lee, The Law and Development Institute, Atlanta, USA, E-mail:

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Published Online: 2021-08-10
Published in Print: 2021-06-25

© 2021 Walter de Gruyter GmbH, Berlin/Boston

Artikel in diesem Heft

  1. Frontmatter
  2. Introduction
  3. Introduction: Law and Development in High-Income Countries
  4. Role of State, Law, Institutions for Economic Development
  5. Law and Development in the United States
  6. The Rule of Law and Its Social Reception as Determinants of Economic Development: A Comparative Analysis of Germany and Poland
  7. Are OECD Countries in a Rule of Law Recession?
  8. International Financial Centers as a Model: Facilitating Growth and Development by Connecting to International Legal Frameworks
  9. Migration, Poverty, the Role of State, (International) Law and Development in the Industrialised Countries of Europe
  10. Poverty and Inequality in High Income Countries and the Role of Law
  11. The Role of Law in Addressing Poverty and Inequality in High Income Countries: A Comparative View of Menstrual Hygiene Management and Its Impact on Education and Health in the UK and Select High Income Sub-Saharan African Countries
  12. International Cooperation Without Just Distributions? Beginning to Map the Role of Rising Economic Inequality in the Formation and Evolution of and Adherence to International Law
  13. Justice, Corruption, and Social Responsibility
  14. Toward Aligning with International Gender Goals? Analysis of the Gender Equality Landscape in Japan under the Laws on Women’s Economic and Political Participation and Leadership
  15. APUNCAC: An International Convention to Fight Corruption, Money Laundering, and Terrorist Financing
  16. “Unlocking Legal Gridlock in High-Income Countries: How Excessive Litigation Hampers Growth and Harms Democracy”
  17. International Trade Law, WTO, and Rising Issues
  18. Can a Complicated “Consensus” Survive a Dose of Populist Poison? Exploring the Potential Impact of Brexit and Trumpism on the Developed Country Approach to Trade Law and Policy
  19. Universities as Engines of Development
  20. The Courts and Corporate Executive Compensation in Canada
Heruntergeladen am 3.2.2026 von https://www.degruyterbrill.com/document/doi/10.1515/ldr-2021-0070/pdf
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