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Definition of Rule of Law
The principle that every person and institution, whether public or private, is subject to publicly disclosed, independently adjudicated set of law.
Albert Venn Dicey
Coined the name ‘Rule of Law’, and developed the concept:
An absence of arbitrary power of the state
Everyone must be equal before the law
The law must be supreme
Friedrich Von Hayek
Economic theorist that investigated the need for a stable ‘rule of law’ in economic development:
Fixed and announced rules
Limited government power
Protection of individual rights
Importance of an independent judiciary
Evolutionary theory of law
Lord Bingham
Wrote the book ‘The Rule of Law’ with eight core principles.
The law should be clear and accessible
Governed by law not discretion
Equality before the law
State power should be used reasonably and in good faith
Dispute resolution in the civil courts without delay or excessive cost
The state should protect human rights
The state should provide fair trials
International law should be respected as national law.