The field of law and development examines the role of law in the processes of economic and social development, particularly in developing countries, emerging markets and nations in transition. By examining law, legal institutions, and legal systems, students in this field seek to understand how law may both inhibit and foster desired change and the ways in which legal institutions may be organized to achieve policy goals.
All students in this field are educated on both theory and practice, looking at the theoretical relationship of law to the development process as well as the practical application through such critical issues as land tenure, foreign investment, corruption, judicial reform, and private enterprise. Students can choose to further their knowledge in a variety of topics including international investment law, the rule of law in post-conflict societies and the role of organizations like the International Monetary Fund and the World Bank Group.
The Law and Development field of study requires the completion of a minimum of three courses.