Institutions and enforcement

The objective of this research line is to study legal and market institutions. It seeks to produce data and analysis on the effectiveness of legal rules related to business law. The studies address institutional design, regulation, monitoring, and sanctioning activities of the competent institutions - alone or jointly. It also seeks to understand the use of sanctioning legal instruments and compensation of losses. By assessing the effectiveness of the relevant normative body for economic and social development, it intends to understand its shortcomings.