Sustainable poverty reduction and equitable economic development rest on the firm foundation of the rule of law. On the domestic front, countries must engage in legal reform in order to maximize the benefits of globalization, increase efficiency in business transactions, improve the way governments deliver essential services, and facilitate access to an effective justice system. Internationally, new rules are needed to face global threats such as money laundering, destabilizing capital movements, communicable diseases, and attacks on the environment.
The first volume of The World Bank Legal Review: Law and Justice for Development is the result of the World Bank’s unique experience with legal and judicial innovations and research around the world. It will be of interest to policy makers, attorneys, international development professionals, and anyone interested in the role of law and justice in the multi-faceted struggle to relieve poverty and improve living standards in developing countries.