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Topic: Legal Origins Theory


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  Definition of Legal Origins Theory
In economics, the Legal Origins Theory states that many aspects of a country's economic state of development are the result of their legal system, most of all where a particular country received its law from.
The first papers on the theory were published from 1997 onwards by a group of researchers around Andrei Shleifer.
The judges are still out on whether the Legal Origins Theory adequately describes reality; it is still hotly discussed, most of all among financial economists and scholars of corporate law.
www.wordiq.com /definition/Legal_Origins_Theory   (324 words)

  
 Civil law (legal system) - Wikipedia, the free encyclopedia
The Scottish legal system is usually considered to be a mixed system in that Scots law has a basis in Roman law, combining features of both uncodified and Civil law systems.
By contrast, the original idea of separation of powers in France was to assign different roles to legislation and to judges, with the latter only applying the law (the judge as la bouche de la loi; 'the mouth of the law').
According to the legal origins theory promoted by some economists, civil law countries tend to emphasize social stability, while common law countries focus on the rights of an individual.
en.wikipedia.org /wiki/Civil_law_(legal_system)   (1640 words)

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