Author(s): Shuyong Li
In emerging markets, the effectiveness of economic laws depends not only on enforcement mechanisms but also on public understanding and voluntary compliance. This article explores the relationship between economic education and legal compliance in such contexts. It argues that when individuals and businesses are economically literate, they are more likely to understand the rationale behind laws, comply with tax obligations, respect contractual agreements, and engage in formal economic activities. The article highlights how integrating economic education into national development strategies can enhance regulatory compliance, reduce corruption, and foster a more robust and inclusive economy.