The Rule of Law is especially important as an influence on the economic development in developing and transitional countries. To date, the term “rule of law” has been used primarily in the English-speaking countries, and it is not yet fully clarified even with regard to such well-established democracies as, for instance, Sweden, Denmark, France, Germany, or Japan. A common language between lawyers of common law and civil law countries as well as between legal communities of developed and developing countries is critically important for research of links between the rule of law and real economy. COUNT 5
QSN1 What language is spoken in most rule of law countries? ANS1 English QSN2 In non English speaking countries, what is the rule of law referred to as? ANS2 not yet fully clarified QSN3 In what types of countries is the rule of law important to the economy? ANS3 developing and transitional QSN4 What other countries have successful democracies? ANS4 Sweden, Denmark, France, Germany, or Japan QSN5 What is critically important for discussion of rules, laws, and the economy? ANS5 common language