Role of the rule of law in economic development

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Assignment:

You also should have noted that there is criticism and skepticism of the World Bank's efforts to promote the rule of law based on the view that such efforts largely favor developed countries and their corporations who invest in developing countries. This debate is ongoing and it continues to shape the discourse of the role of the rule of law in economic development.

Question:

Which side of the debate do you think is right? Are supporters of the World Bank correct or are their critics? Please choose one side of the debate and explain your reasons in an essay.

Reference no: EM133696263

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