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CREATING A CONSTITUTIONAL ORDER OF FREEDOM IN EMERGING MARKET ECONOMIES 1
Author(s) -
Dorn James A.
Publication year - 2004
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2004.t01-1-00493.x
Subject(s) - liberalization , order (exchange) , economic reform , economic freedom , politics , china , property rights , poverty , economics , developing country , private property , safeguard , economic system , law and economics , development economics , political science , international trade , market economy , law , economic growth , finance
Economic liberalisation offers the greatest hope for bringing the developing world out of poverty, but to be successful economic liberalisation also requires political and constitutional reform to safeguard private property rights and secure the rule of law. This article examines the process of constitutional reform in a number of developing nations that have recently undergone economic liberalisation, with particular reference to the experience of reform in China.