What is the Rule of Law? The World Justice Project suggests that the Rule of Law

Question

What is the Rule of Law?

The World Justice Project suggests that the Rule of Law includes four necessary principles:

Accountability: The government as well as members of the public and private actors are accountable under the law.

Just Laws: The laws are clear, publicized, stable and just; are applied evenly; and protect fundamental rights, including the security of persons and property and at least some human rights.

Open Government: The processes by which the laws are enacted, administered, and enforced are accessible, fair, and efficient.

Accessible & Impartial Dispute Resolution: Justice is delivered in a timely manner by competent, ethical, and independent representatives and neutrals who are accessible, have adequate resources, and reflect the makeup of the communities they serve.

Is the term “Rule of Law” certain? Or is it frequently over-used? Do political regimes rely on its use too much? Does it truly define a democracy?

What happens when there is no rule of law?

What happens when there is economic inequality and stagnation?

Explanation / Answer

Rule of law refers to the standard regulation that presides over a country as it principally means the persuasion and influence of law within society predominantly as a constriction upon behavior of the individuals along with conduct of administrators.

Rule of law entails that every individual is subject to law including people involved in lawmaking, law enforcement executives and judges. Thus need for rule of law can be established in democratic systems for instance because of desertion or unawareness of the regulation and the rule of law is expected to perish if a government has inadequate remedial measures to re-establish it.

Rule of law fundamentally assures equal opportunity to all people in society on the basis of the rule every individual is considered equivalent before the law. In community where the rule of law is put into effect individual have the opportunity to look for equivalent safeguard on each occasion when there are any contravention of rights.

Lack of rule of law is the foremost reason of deficiency and poverty because equivalent security and safety for all individuals under the regulation is disregarded. Transparency, responsibility and good governance which strengthen people and community growth cease to exist.

Rule of law is crucial in attaining an open market financial system as it assures equal opportunities to people, forbids fraudulent performance by establishments and safeguards organizations from the exploitation of local powers.

Income disparity is considered to be the most important cause of economic stagnation in US, Europe and globally thus it’s very crucial and significant to control inequality through fiscal and income guiding principles which is considered to be vital for encouraging economic augmentation and enlargement.

Total income for major economies has developed rapidly over the last few decades but however the wage earnings for individuals have not grown swiftly in that same proportion. Thus the outcome is that investors are becoming more and more wealthy compared to individual wage earners.

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.