Inclusive legal justice for inclusive economic development: a consideration

Utilising cross-country data, this article analyses the implications of promoting inclusive legal justice for inclusive economic development. The analysis is carried out by quantifying the effects of inclusive legal justice in terms of inclusive criminal justice and in terms of inclusive civil justice on inclusive economic development. The results suggest that, accounting for the endogeneity of inclusive legal justice, both criminal and civil, countries with higher levels of inclusive legal justice are very likely to enjoy higher real GDP per capita, improved equal economic opportunity, lower socio-economic disparity and more inclusive economic development. These findings reveal that inclusive economic development is unlikely to be achieved without inclusive legal justice.