The legal origins theory claims that the two main legal traditions or origins, civil law and common law, crucially shape lawmaking and dispute adjudication, and that they have not been reformed since their initial transplantation by Europeans, so that they still affect economic outcomes today. According to the evidence reported by the initial proponents, countries that received civil law display today less secure investor rights, stricter regulation and more inefficient governments and courts than those that inherited common law. These differences are said to reflect both a stronger historical emphasis in common law on private ordering and the greater adaptability of judge-made law. The theory became popular among economists in the late twentieth century, at the same time that practitioners of comparative law were largely abandoning taxonomic classifications of legal systems.
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Source Legal origins theory (Wikipedia)
Source Legal origins theory (Wikipedia)
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1. Wikipedia: Legal origins theory
the two main legal traditions or origins, civil law and common law, crucially shape lawmaking and dispute adjudication and affect economic outcomesView the Source Legal origins theory (Wikipedia)
Lead section
The legal origins theory claims that the two main legal traditions or origins, civil law and common law, crucially shape lawmaking and dispute adjudication and have not been reformed after the initial exogenous transplantation by Europeans.
In Legal System: Common Law, Lead
The legal origins theory claims that the two main legal traditions or origins, civil law and common law, crucially shape lawmaking and dispute adjudication and have not been reformed after the initial exogenous transplantation by Europeans.
In Legal System: Civil Law, Lead
The legal origins theory claims that the two main legal traditions or origins, civil law and common law, crucially shape lawmaking and dispute adjudication and have not been reformed after the initial exogenous transplantation by Europeans.
In Group: Comparative Law Theory, Introduction, sentence 1
The legal origins theory claims that the two main legal traditions or origins, civil law and common law, crucially shape lawmaking and dispute adjudication and have not been reformed after the initial exogenous transplantation by Europeans.
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