Abstract

A critical analysis of some of the techniques and institutions devoted, especially in the EU, to measuring legal systems in economic terms support the idea, shared among social and political scientists, that globalized financial markets are institutional orders exercising power over other institutions. Measuring legal systems and national economies is intrinsecally intertwined with the need of obscuring social and geopolitical conflicts under the rethoric of growth and efficiency, which is also an essential ingredient of the control over political institutions exercised by financial markets.