×

Eastern Europe Compared by Economy > Entrepreneurship > Enforcing Contracts > Index ranking

DEFINITION: Indicators on enforcing contracts measure the efficiency of the judicial (or administrative) system in the collection of overdue debt. The data are built by following the step-by-step evolution of a payment dispute either before local courts or through an administrative process, if such a process is available and preferred by creditors. The data are collected through study of the codes of civil procedures and other court regulations as well as surveys of local litigation lawyers. At least 2 lawyers participate in each country, and in a quarter of the countries judges also complete the survey. To ensure comparability, survey respondents are provided with significant detail, including the amount of the claim, the location and main characteristics of the litigants, the presence of city regulations, the nature of the remedy requested by the plaintiff, the merit of the plaintiff ’s and the defendant’s claims and the social implications of the judicial outcomes. NOTE: This is a ranking derived from several indicators, 1 being the best (ranked first). The higher the number on this graph, the lower their overall ranking. Invert this graph by clicking on 'Amount' at the top. Consult source for details on methodology.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH
1 Albania 113 2005
2 Serbia and Montenegro 110 2005
3 Poland 104 2005
4 Slovenia 85 2005
5 Slovakia 81 2005
6 Bulgaria 79 2005
7 Bosnia and Herzegovina 72 2005
8 Moldova 66 2005
9 Romania 65 2005
10 Georgia 63 2005
11 Russia 62 2005
12 Belarus 52 2005
13 Azerbaijan 44 2005
14 Croatia 43 2005
15 Ukraine 39 2005
16 Armenia 36 2005
17 Hungary 31 2005
18 Czech Republic 21 2005

Citation

Eastern Europe Compared by Economy > Entrepreneurship > Enforcing Contracts > Index ranking

NationMaster

Interesting observations about Economy > Entrepreneurship > Enforcing Contracts > Index ranking

Follow us on Facebook to get interesting stats: