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Emerging markets 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 Indonesia 145 2005
2 India 138 2005
3 Pakistan 134 2005
4 Venezuela 129 2005
5 Peru 114 2005
6 Poland 104 2005
7 Mexico 100 2005
8 Argentina 91 2005
9 Philippines 89 2005
10 Colombia 83 2005
11 Bulgaria 79 2005
12 Brazil 70 2005
13 Romania 65 2005
14 Russia 62 2005
15 Malaysia 61 2005
16 Thailand 49 2005
17 China 47 2005
18 Chile 41 2005
19 Ukraine 39 2005
20 South Africa 38 2005
21 Turkey 37 2005
22 Hungary 31 2005
23 Estonia 19 2005
24 Latvia 15 2005
25 Lithuania 7 2005

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Emerging markets Compared by Economy > Entrepreneurship > Enforcing Contracts > Index ranking

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