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Politics : Foreign Affairs Discussion Group

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To: LindyBill who wrote (59620)12/2/2002 8:58:47 PM
From: paul_philp   of 281500
 

We had a working legal system and property rights when we industrialized, a lot of the Countries still dont.


The Americans had the advantage of starting from scratch. They didn't have to deal with a long history of unclear ownership. It is a big mess in most countries. Friedman is correct though, Rule of Law, first.

Paul
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