libgpg-error-1.10 make install error

[Abhilash Roy Gollamandala]

Hi,
    I am getting the following error:

 /bin/bash ../libtool   --mode=install /usr/bin/install -c  'libgpg-error.la'
'/usr/local/lib/libgpg-error.la'
libtool: install: /usr/bin/install -c .libs/libgpg-error.so.0.8.0
/usr/local/lib/libgpg-error.so.0.8.0
/usr/bin/install: cannot create regular file
`/usr/local/lib/libgpg-error.so.0.8.0': Permission denied

Please help. Thank you.
P.S.: I tried searching in google. I tried searching your mailing list(only
2012,2011 ones). But in vain.
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