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University of Texas-Austin: For a Smooth-Running Economy, Rule of Law Matters
June 04, 2022
AUSTIN, Texas, June 4 (TNSjou) -- The University of Texas issued the following news release:

Countries in which courts more easily enforce contracts see less economic volatility overall than nations that don't adhere as well to the rule of law. That's the finding from a study by a finance researcher at The University of Texas at Austin.

The research suggests that when contract enforcement is poor, employee morale suffers, ultimately sparking churn, which leads . . .

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