ABOUT THE CENTER FOR THE ECONOMIC ANALYSIS OF LAW
for the Economic Analysis of Law (CEAL) is a non-profit research institute that
provides legal and economic analysis of public policy issues. It emphasizes the
economic analysis of legal policy options and the development of alternative
legal approaches that have more desirable economic consequences. CEAL
undertakes these projects under contract with governments, international
agencies, and non-governmental bodies or, where appropriate, from its own
resources. CEAL has undertaken projects with organizations including the
European Bank for Reconstruction and Development, Inter-American Development
Bank, Asian Development Bank, World Bank, International Monetary Fund,
Organization of American States, U.S. Library of Congress (GLIN), Harvard Law
School; and with the governments of Honduras, Nicaragua, Nigeria, Romania,
Jamaica, Ukraine, and El Salvador.
program focuses on the legal and regulatory framework for property rights,
including secured transactions, legal impediments to private sector
development, environmental law, and on the development of indicators of reform
in these areas.
n Lending and Access to Credit
includes the legal and regulatory environment for secured loans and guarantees
-- using both personal property and real estate as collateral. As extensions of
this work, CEAL plans efforts on the impact of the legal and regulatory
environment on access to credit by the poor; the effects of laws and
regulations on investment and production decisions that affect land use,
conservation, and timber; and the modernization and linking of legal registry
mounted its Model Filing Archive for Secured Transactions, a system that has
been implemented, with World Bank support, in Romania.
n Commercial Registration
projects, CEAL analyzes the public policy issues involved in different legal
and regulatory frameworks for the registration of businesses. Successful
reforms simplify business creation, facilitate investment, and promote the
formalization of enterprises previously operating without legal sanction.
CEAL's emphasis is on legal systems of commercial registration that achieve
sound economic objectives and that permit technically advanced solutions to the
problems of registration, including the one-stop shop.
n Civil Registration
registration systems crucially affect the ability of citizens to participate in
the formal economic system in their countries, as well as to vote. CEAL's
approach applies legal and economic research together with programming and
systems analysis that permit achieving key public policy objectives in
economically sound ways, while using the full range of current technologies.
n Environmental Law
rights and local regulations and their municipal institutional framework affect
the application of environmental laws that protect threatened, endangered, and
sensitive species. CEAL provides a hands-on analysis of these legal barriers in
Patagonia and the interventions that can be actionable in the near term.
The CEAL Method
approach broadly rests on the view that legal solutions must be subject at each
stage of drafting to a careful economic analysis of their consequences in the
country setting. While the desirability of different legal approaches often
cannot be settled by their economic consequences, political consensus can
typically be achieved more rapidly when the public policy consequences of each
approach are well understood. Similarly, CEAL examines the law and technical
options simultaneously because the barrier to many new technologies arises
mainly from legal impediments.
CEAL's Research Associates
Eugenia Bec, international consultant, CEAL
Ronald C.C. Cuming, Professor Law,
University of Saskatchewan
Fernando Cantuarias Salaverry, Dean of the Law School, Universidad Peruana de Ciencias Aplicadas
Alejandro Garro, Professor of Law, Columbia University
Roberto A. Muguillo, Mascheroni, Couso & Muguillo, Buenos Aires
Nuria de la Pena, Attorney, Washington, DC (Director of Legal Operations and Acting President)
Peter A. Winship, Professor of Law, Southern Methodist University
and its Associates have completed projects in these countries: Argentina,
Azerbaijan, Bangladesh, Bolivia, Bulgaria, China, Colombia, Colombia, Costa
Rica, Dominican Republic, Ecuador, Ecuador, Eritrea, Fiji, Guatemala, India,
Indonesia, Jamaica, Jordan, Marshall Islands, Mexico, Nepal, Nigeria, Pakistan,
Papua-New Guinea, Peru, Poland, Romania, Solomon Islands, Tajikistan, Thailand,
Uruguay, Uzbekistan, Vanuatu, Venezuela, and Viet Nam.
information about CEAL, contact us by E-mail at email@example.com.
Many of CEAL's publications and draft laws are available at this website (see
link at top of page).
for the Economic Analysis of Law
Tel. (202) 646-1787
Fax (202) 966-1789