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In this article, Mexico scholar Viridiana Rios discusses the relationship between economic development and the rule of law. She argues that the rule of law provides a foundation for economic development by fostering a secure climate for investment, creating an environment of certainty about conflict resolution, providing all economic actors equal access to justice, and limiting corruption, predatory behavior and informality. She concludes that Mexico’s economy will not grow unless it acknowledges the importance of diminishing crime and having an effective justice system. 

About the Author

Viridiana Rios

Viridiana Rios

Global Fellow,
Visiting Assistant Professor, Harvard University; Commissioner, Mexico's National Anticorruption System
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Mexico Institute

The Mexico Institute seeks to improve understanding, communication, and cooperation between Mexico and the United States by promoting original research, encouraging public discussion, and proposing policy options for enhancing the bilateral relationship. A binational Advisory Board, chaired by Luis Téllez and Earl Anthony Wayne, oversees the work of the Mexico Institute.   Read more