Doing Business reforms
Enhancing judicial efficiency
A judicial system that provides effective commercial dispute resolution is crucial to a healthy economy.1 Twenty-eight economies worldwide made enforcing contracts easier in 2018-19. Eight economies provided more straightforward options - outside of ordinary courts or procedures - for resolving legal disputes. Mauritania and Moldova, for example, implemented fast-track procedures as an effective way to resolve small value disputes. Three economies in Latin America and the Caribbean adopted techniques intended to ensure a timely and organized flow of cases through the court system. Jamaica started publishing court performance reports, Costa Rica introduced a pre-trial conference and Paraguay implemented an electronic case management system.
1 Ramello, Giovanni, and Stephen Voigt, 2012. “The Economics of Efficiency and the Judicial System.”International Review of Law and Economics 32: 1-2.
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Reforms implemented in 2018-19 are available here.