Law and Investment in Africa

Simplice Asongu

MPRA Paper from University Library of Munich, Germany

Abstract: This paper sets a new tone in the legal origins debate with the overwhelming dominance of French civil-law countries in private investment: contrary to mainstream consensus where-in, English common-law countries are better at championing private property rights (La Porta et al., 1998; Beck et al, 2003). Findings are premised on much recent data (1996-2007) from 38 African countries. The study investigates how French, English, French sub-Saharan, Portuguese and North African legal origins shape domestic, foreign, private and public investments through law channels of regulation quality and the rule of law.

Keywords: Law; investment; developing countries (search for similar items in EconPapers)
JEL-codes: E22 G20 K20 K40 P50 (search for similar items in EconPapers)
Date: 2011-11-14
New Economics Papers: this item is included in nep-afr, nep-dev and nep-law
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Law and Investment in Africa (2016)
Working Paper: Law and Investment in Africa (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:34700

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