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The book explores the challenges of protecting property rights and enforcing contracts in environments lacking effective rule of law. It delves into how businesses from advanced economies can operate in such contexts. Avinash Dixit presents a theoretical framework for private institutions that can either complement or replace inadequate state governance, offering insights into economic strategies in lawless settings.
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Lawlessness and Economics, Avinash K. Dixit
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- Année de publication
- 2007
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