The Role of Justice in Development: The Data Revolution

Abstract

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent.

HOW JUDICIARY SUPPORTS CONTRACT LAW ENFORCEMENT: Indonesian Experience

“…20 It has a general goal to maximize the objective across all systems through a process of trade-offs to reduce poverty; 21 likewise with the rule of law, which is the key institution for economic growth. 22 The role of judiciary plays a crucial role in economic development. A more efficient judiciary will further promote economic growth by enforcing contracts, securing property rights, and providing a healthier business environment.…”

“…A more efficient judiciary will further promote economic growth by enforcing contracts, securing property rights, and providing a healthier business environment. 23 In addition, the judiciary can incentivize entrepreneurship, has a positive effect on firms' outcomes, and has an effect on industries that rely heavily on contracting. 24 Economic development will be promoted by providing predictability and certainty with a transparent and stable legal regime.…”

“…23 In addition, the judiciary can incentivize entrepreneurship, has a positive effect on firms' outcomes, and has an effect on industries that rely heavily on contracting. 24 Economic development will be promoted by providing predictability and certainty with a transparent and stable legal regime. 25 In line with this, an ineffective judiciary will undermine the economic development.…”

How to Subvert Democracy: Montesinos in Peru

“…Bribe Receipts from hidden cameras in the presidential palace, the Congress, the courts, downtown Lima and the airport. 8 Although Montesinos sometimes required those he bribed to sign a contract having the form of a legal document, as we will discuss, his contracting was probably not enforceable by the courts. Peru's civil code decrees invalid any contract that goes against laws that support the public interest, and bribery is presumably against the public interest.…”