The Index of Legal Security (ISJ).

Summary Publisher's presentation: "The Index of Legal Certainty (ILC) is an indicator that empirically evaluates the legal certainty of a national economy in the context of international comparisons. The report was produced by a multidisciplinary team of lawyers and economists on behalf of the Fondation pour le Droit continental and in collaboration with numerous legal practitioners. It defines a specific methodology applied to 10 areas of law in 18 target countries. Original extensions are proposed by crossing the ISJ indicator obtained with other sources such as the World Bank's Rule of Law indicator. The results presented allow us to determine which system offers the most guarantees in terms of legal security. The empirical treatments carried out demonstrate the importance of legal security for a country's economic development and highlight the interest in associating legal security with the rule of law. The Legal Security Index (LSI) argues that reasoned legal security does not imply immobility, minimalism or even the absence of any legislative or regulatory constraints. However, it does imply the accessibility of the law that is effectively applicable, its intelligibility, its predictability, a certain stability over time, and finally the balance between the economic interests of the parties involved. Written in French and English, the Index of Legal Security (ISJ) will allow all those involved in the debate on the economic and legal performance and attractiveness of countries (business lawyers, researchers, or public and private decision-makers) to have access to a renewed approach of the issue.