Welcome to USAID’s bizlawreform Online!
In September 2002, the United States Agency for
International Development (USAID) launched the “Seldon Project”
for Global Trade Law Assessment and Assistance to develop and apply
an assessment tool that identifies inefficiencies in the commercial
laws and institutions of developing countries. By identifying key
gaps between the law and implementation, the assessment tool assists
governments, donor organizations, and private sector and civil society
stakeholders in designing and targeting legislative, organization
improvement, and capacity-building projects to maximize the effectiveness
of commercial reform efforts.
Countries join the World Trade Organization (WTO)
and regional trade agreements in search of the economic gains associated
with enlarged markets, increased competition, and resulting industry
specialization. Realizing the anticipated benefits from free trade—
and mitigating any negative consequences—requires more than
focusing only on obvious trade structures. Although there is no
single explanation for this phenomenon, there is a strong statistical
correlation between the quality of legal institutions and sustained
economic growth through trade.
Bizlawreform Online is designed to provide information
on ongoing and completed project activities, and provide information
on the results flowing from the assessments. The website will be
updated periodically, so please visit this site from time to time
to see new developments. For a more detailed discussion of The Seldon
Project, please proceed to the Seldon Project
page.
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