The Index of Legal Security (ISJ).

Authors Publication date
2018
Publication type
book
Summary The back cover states: "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. This report was produced by a multidisciplinary team of lawyers and economists on behalf of the Fondation pour le Droit continental and in relation 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 make it possible 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 the economic development of a country and highlight the interest in associating legal security with the rule of law. The legal security index (ISJ) maintains that reasoned legal security does not imply immobilism, minimalism or even the absence of any legislative or regulatory constraint. However, it implies the accessibility of the law that is actually 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 Legal Security Index (LSI) 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 to the issue".
Publisher
Dalloz
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