GMS 724 Study Guide - Midterm Guide: Totalitarianism, Beijing Consensus, Agrarianism

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Chapter 2 - implications for managers: originating in the magna carta of 1215, the concept of the rule of law anchored the legal evolution of many developed economies, most notably great britain, the. Arabia, russia, and vietnam are so arbitrarily, if at all, protected that they are an enduring concern: the rule of law prevails in wealthier, westernized countries--- i. e. , the united. States, canada, japan, new zealand, australia, and most of europe. In contrast, the countries that fall in the long crescent that starts in northern russia, cuts southward through china, circles down to south. In germany, for example, action taken by foreign firms against local companies that counterfeit their products consistently proves decisive: violators are stopped and punished. Which rule when: some hypothesis that developing countries, especially fast-growing emerging economies like china, argentina, russia, peru, saudi arabia, thailand, and.