Economic Development and the Rule of Law

LexisNexis believes that meaningful, deep-rooted economic development can only occur in societies where the Rule of Law exists. Robust economies are dependent upon the existence of clear laws that govern societies and commerce, and a strong, independent judiciary to impartially enforce laws and contracts so that citizens, institutions and foreign investors can risk capital and trust that risk is protected from arbitrary forces. The Rule of Law thus enables people and institutions to fulfill their dreams and aspirations individually and collectively.

LexisNexis promotes economic development and the Rule of Law in a variety of ways, including outreach and advocacy, educational forums, thought leadership, and the free dissemination of and training on LexisNexis® solutions.

In 2007 LexisNexis sponsored the first-ever Conference on Economic Development and the Rule of Law in Latin America. This groundbreaking two-day conference drew former presidents, ambassadors, leading justices, partners from the region’s most prestigious law firms, and executives and general counsel from top corporations across Latin America.

The conference discussed such issues as the judicial system and Rule of Law reform in Latin America, the experience of foreign direct investment in Latin America, how to protect intellectual property, local and international credit and secured lending transactions, and alternative dispute resolution in international trade and investment. The conference also examined future challenges to continued economic progress and Rule of Law in Latin America.

In 2008 we explored opportunities to sponsor a similar conference on Economic Development and the Rule of Law in Asia.