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Legal reform

Overview

What we do in Legal reform

The Legal Transition Programme (LTP) is the EBRD’s initiative to contribute to the improvement of the investment climate in the Bank’s countries of operations by helping create an investor-friendly, transparent and predictable legal environment. LTP activities focus on the development of legal rules and the establishment of the legal institutions and culture on which a vibrant market-oriented economy depends.

Evaluation study of the EBRD's Legal Transition Programme published in 2012

This study is an evaluation of the Legal Transition Programme’s activities from 2001 – 2011, through a review of a sample of 30 legal reform projects and advisory projects in Armenia, Hungary, Mongolia, Russia and Serbia. It was conducted by the Evaluation department in conjunction with three external experts. Overall the programme was found to be successful due to its compatibility with the Bank’s activities and highly relevant due to its support of the Bank’s investments through contributions to legal improvements. The programme’s projects have made a core contribution to the transition process, influencing domestic policy formulation and contributing to stronger free market economies. The transition impact and sustainability of the programme was found to be excellent.

Interactive Dataset:

The most recent assessment data is now available in an interactive database where you will be able to generate graphs and charts on the countries and sectors you are interested in. These assessments are published primarily for the benefit of those who make or influence legal reform policy in the countries in which the EBRD operates.

Frequently asked questions: about the legal transition programme

Did you know?

The may 2012 edition of Law in transition focussed on capital markets

2012 Public Private Partnership /Concession Assessment of law and practice

In 2012 the EBRD published a PPP/Concession assessment.

The concessions sector assessment is part of the EBRD's efforts to improve the legal environment in its countries of operations. As an international institution with the mandate to assist the countries whose economies are in transition, the EBRD views the promotion of sound concession laws as essential to its work.

These assessments represent an important initiative of the EBRD to better understand legal developments in countries of operations by gauging the status of their concessions-related laws and regulations. Through this project, the EBRD aims to encourage, influence and provide guidance to governments, policy makers and all those in charge of promoting new legislation for the development of concessions-related legal reform in the region.

Improving legal structures

Promoting sound and well-functioning legal systems minimises risk and assists the development of an attractive investment climate.

Legal reform

Activities

For each sector, the Legal Transition Programme engages in:

Standard-setting: Contributing to international standard-setting initiatives.
Technical assistance: Developing and implementing technical assistance projects.

Assessment of laws and practice: Monitoring and analysing the status of legal transition.
Outreach: Advancing legal reform through outreach activities.

Legal Transition Programme (312KB - PDF)

Current LTT projects by region

Chart showing Legal reform projects by region

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Publication: Law in transition

Legal reform is a core dimension of the EBRD's work. Legal reform activities focus on the development of the legal rules, institutions and culture on which a vibrant market-oriented economy depends. Published twice a year by the Legal Transition Programme, the twice-yearly Law in transition provides extensive coverage of legal developments in the region, and aims to stimulate debate on legal reform in the transition economies.

Funding public infrastructure: challenges and horizons