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Deterioration of the Rule of Law and the Effects Over Economic Development - A Comparative Analysis on the United States of America, Singapore and Romania
[journal article]
Abstract This paper analyses the relationship between the deterioration of the rule of law and the negative consequences on socio-economic development in the contemporary world. To scrutinize this correlation, quantitative-comparative analysis and secondary data review methods will be used. This aims to dete... view more
This paper analyses the relationship between the deterioration of the rule of law and the negative consequences on socio-economic development in the contemporary world. To scrutinize this correlation, quantitative-comparative analysis and secondary data review methods will be used. This aims to determine the extent to which the rule of law has a determining role or not in the development of states and societies. These results can serve as data for the basis of qualitative and sustainable public policies. The research aims to compare and contrast countries such as the United States of America, Singapore and Romania and determine the correlation between the deterioration of the rule of law, with a specific focus towards measurable elements such as the absence of corruption, and the consequences over economic development and prosperity. The country case studies have been identified purposefully to reflect different geographical areas, different historical pasts, and various levels of economic development. Despite the differences, the research aims to solely analyse the correlation between the rule of law and economic status.... view less
Keywords
economic development (on national level); socioeconomic development; constitutional state; international comparison; United States of America; Singapore; Romania; corruption; prosperity; legal positivism; political economy
Classification
National Economy
Document language
English
Publication Year
2024
Page/Pages
p. 37-47
Journal
Perspective Politice, 17 (2024)
ISSN
2065-8907
Status
Published Version; peer reviewed
Licence
Creative Commons - Attribution-NonCommercial-ShareAlike 4.0