Group of 7 countries (G7) Compared by Economy > Debt > Strength of legal rights index > 0=weak to 10=strong
DEFINITION:
Strength of legal rights index (0=weak to 10=strong). Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 10, with higher scores indicating that these laws are better designed to expand access to credit.
CONTENTS
Citation
Interesting observations about Economy > Debt > Strength of legal rights index > 0=weak to 10=strong
- Australia ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Hot countries in 2013.
- United Kingdom ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Europe in 2013.
- Malaysia ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Muslim countries in 2013.
- New Zealand ranked first for debt > strength of legal rights index > 0=weak to 10=strong globally in 2013.
- Singapore ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Heavily indebted countries in 2013.
- Kenya ranked second for debt > strength of legal rights index > 0=weak to 10=strong amongst Christian countries in 2013.
- Israel ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Middle Eastern and North Africa in 2013.
- Palau ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Catholic countries in 2013.
- Latvia ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Emerging markets in 2013.
- Kyrgyzstan ranked first for debt > strength of legal rights index > 0=weak to 10=strong amongst Landlocked countries in 2013.