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

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Main Author: Alexandre B. Cunha
Format: Artículo científico
Language:en
Published: FUCAPE Business School 2021
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author Alexandre B. Cunha
author_facet Alexandre B. Cunha
contents Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case Alexandre B. Cunha Administración y Contabilidad growth markets Rule of law per capita income 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. 2021 artículo científico 1807-734X https://www.redalyc.org/articulo.oa?id=123067049005 https://www.redalyc.org/journal/1230/123067049005/ https://www.redalyc.org/journal/1230/123067049005/html/ https://www.redalyc.org/journal/1230/123067049005/123067049005.epub https://www.redalyc.org/journal/1230/123067049005/movil 10.15728/bbr.2021.18.2.5 en http://www.redalyc.org/revista.oa?id=1230 BBR - Brazilian Business Review application/pdf FUCAPE Business School BBR - Brazilian Business Review (Brasil) Num.2 Vol.18
format Artículo científico
id redalyc_123067049005
institution Redalyc
language en
publishDate 2021
publisher FUCAPE Business School
spellingShingle Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case
Alexandre B. Cunha
Administración y Contabilidad
growth
markets
Rule of law
per capita income
Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case Alexandre B. Cunha Administración y Contabilidad growth markets Rule of law per capita income 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. 2021 artículo científico 1807-734X https://www.redalyc.org/articulo.oa?id=123067049005 https://www.redalyc.org/journal/1230/123067049005/ https://www.redalyc.org/journal/1230/123067049005/html/ https://www.redalyc.org/journal/1230/123067049005/123067049005.epub https://www.redalyc.org/journal/1230/123067049005/movil 10.15728/bbr.2021.18.2.5 en http://www.redalyc.org/revista.oa?id=1230 BBR - Brazilian Business Review application/pdf FUCAPE Business School BBR - Brazilian Business Review (Brasil) Num.2 Vol.18
title Economic Growth, Markets and the Rule of Law: Brief Considerations on the Brazilian Case
topic Administración y Contabilidad
growth
markets
Rule of law
per capita income
url https://www.redalyc.org/articulo.oa?id=123067049005
https://www.redalyc.org/journal/1230/123067049005/
https://www.redalyc.org/journal/1230/123067049005/html/
https://www.redalyc.org/journal/1230/123067049005/123067049005.epub
https://www.redalyc.org/journal/1230/123067049005/movil