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Economic Analysis of Law in India: Theory and Application

	Economic Analysis Of Law In India: Theory And Application by P.G. Babu, Thomas Eger, A.V. Raja, Hans-Bernd Schäfer, T.S. Somashekar
	Price : Rs 650.00
	Your Price : Rs 585.00

For sustained economic growth, an efficient legal system with an informed judiciary and effective enforcement of the law is imperative.

Keeping India¹s recent growth performance in mind, the essays in this volume contend that it is one of the few large developing countries where the law in action plays a crucial and increasingly important role, despite certain shortcomings. This is because of the fundamental role the Supreme Court plays in deciding the trend of the country¹s economy, polity, and society in addition to law.

Well-known contributors from different fields of law and economics analyse and provide solutions to a wide range of issues of topical relevance like the double-trust dilemma; importance of regulation; regulatory gaps; social cost minimization; negligence rule; low compliance trap; and new patents regime. They focus on financial institutions; accident laws and environmental problems; trade agreements and intellectual property rights protection; corruption and its effects; role of the judiciary in fostering efficient enforcement of law; and impact of non-legal institutions on economic development.
ISBN - 9780198060567