Commercial Court and Enforcement Assessment Tool
An effective and efficient justice system is essential for sustained economic growth. In a well-functioning, independent, and efficient justice system, decisions are taken within a reasonable time and are predictably and effectively enforced, and i...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2016/03/26114432/commercial-court-enforcement-assessment-tool http://hdl.handle.net/10986/24018 |
| id |
okr-10986-24018 |
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| recordtype |
oai_dc |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
COURT REPRESENTATIVE CREDIT MARKETS SEIZURE OF ASSETS BENEFIT REGULATORY FRAMEWORK COURT HOUSE LIQUIDATION CIVIL PROCEDURE COLLECTION EFFORT PUBLIC AUCTION LATE PAYMENTS COURT JUDGMENT CRIMINAL LAWS LAW ENFORCEMENT JUDICIARIES JUSTICE SYSTEMS TYPE OF DEBT PROPERTY RIGHTS LIQUIDITY GOOD GOVERNANCE DEBTOR ENFORCEMENT PROCEDURES ASSET JUDICIAL COUNCILS COURT HEARINGS LEGAL STATUS CONTRACT ENFORCEMENT MECHANISMS ADMINISTRATIVE COURT LOAN WILL PAYMENTS BANKRUPTCY CREDITORS CREDITOR COURT DECISIONS DISPUTE RESOLUTION JUDGMENT BUDGET HOME JUDICIAL DECISIONS JURISDICTIONS SETTLEMENTS LEGAL FRAMEWORKS INTERNATIONAL FINANCE CODE OF CONDUCT COURTS JUDICIAL PROCEDURES ENFORCEMENT MECHANISMS SALE OF PROPERTY PENALTIES MOVABLE PROPERTY RULES OF PROCEDURE COMMERCIAL JUDGES TITLE ENFORCEMENTS CONTRACT ENFORCEMENT JUDGE RESTRUCTURING COURT EFFICIENCY FOREIGN COMPANY COMMERCIAL COURT JUDGES LIQUIDATION PROCESSES COURT PROCEEDINGS ADOPTION EU PAYMENT COMMERCIAL COURT PERFORMANCE FINANCIAL INSTITUTIONS JUDGES COMMERCIAL COURTS DEBT LEGISLATION CIVIL PROCEDURES SETTLEMENT CREDITOR RIGHTS COURT COSTS COMPANY LAW LOANS DIRECT INVESTMENT TAX REVENUES LEGAL PROCESS RESIDENCE RULE OF LAW ACCESS TO COURT ENFORCEMENT OF JUDGMENTS LEGAL FRAMEWORK ALTERNATIVE DISPUTE RESOLUTION COURT INFRASTRUCTURE CUSTODY JUDICIAL SYSTEM NOTARIES DOMESTIC VIOLENCE LEGAL “PROCESS JURISDICTION PROCUREMENT FAMILY DIVORCE FOREIGN DIRECT INVESTMENT CREDIT JUDICIAL COUNCIL CLAIMS DEBT COLLECTION VICTIM COURT PERSONNEL PROPERTY OFFENDERS LEGAL AID GENERAL OBSERVATIONS COURT FILING COURT JUDGMENTS ASSETS INDEBTED SALE PROCEEDS COURT STAFF CRIMINAL JUSTICE COMMERCIAL COURT SYSTEM COURT DECISION ENFORCEMENT JUSTICE ADR HUMAN RIGHTS DIRECT PAYMENT CHILDREN COURT FILINGS BANK LOANS DISMISSAL INVESTMENT FINANCIAL INTERMEDIATION COURT PERFORMANCE COMMERCIAL DISPUTE CIVIL LAW INVESTMENT CLIMATE COURT PROCESSES FINANCE CORPORATION STATEMENT OF CLAIM JUDICIARY JUDGMENTS INSOLVENCY DISPOSITION JUDICIAL AUTHORITY LAW LEGAL REQUIREMENTS JUSTICE SYSTEM BAILIFF PAYMENT OF MONEY PUBLIC AUCTIONS JUDICIAL DECISION ASSET LIQUIDATION DEBT RECOVERY GOVERNANCE STRUCTURES WOMEN BAILIFFS FINAL JUDGMENTS LEGAL PROCESSES JUDICIAL TRAINING CAPITAL INVESTMENT POWER OF ATTORNEY COMMON LAW FEMALE COMMERCIAL DISPUTES GUARANTEE COMMERCIAL COURT BENEFITS CLAIM REAL PROPERTY COURT ACTION COURT SYSTEM |
| spellingShingle |
COURT REPRESENTATIVE CREDIT MARKETS SEIZURE OF ASSETS BENEFIT REGULATORY FRAMEWORK COURT HOUSE LIQUIDATION CIVIL PROCEDURE COLLECTION EFFORT PUBLIC AUCTION LATE PAYMENTS COURT JUDGMENT CRIMINAL LAWS LAW ENFORCEMENT JUDICIARIES JUSTICE SYSTEMS TYPE OF DEBT PROPERTY RIGHTS LIQUIDITY GOOD GOVERNANCE DEBTOR ENFORCEMENT PROCEDURES ASSET JUDICIAL COUNCILS COURT HEARINGS LEGAL STATUS CONTRACT ENFORCEMENT MECHANISMS ADMINISTRATIVE COURT LOAN WILL PAYMENTS BANKRUPTCY CREDITORS CREDITOR COURT DECISIONS DISPUTE RESOLUTION JUDGMENT BUDGET HOME JUDICIAL DECISIONS JURISDICTIONS SETTLEMENTS LEGAL FRAMEWORKS INTERNATIONAL FINANCE CODE OF CONDUCT COURTS JUDICIAL PROCEDURES ENFORCEMENT MECHANISMS SALE OF PROPERTY PENALTIES MOVABLE PROPERTY RULES OF PROCEDURE COMMERCIAL JUDGES TITLE ENFORCEMENTS CONTRACT ENFORCEMENT JUDGE RESTRUCTURING COURT EFFICIENCY FOREIGN COMPANY COMMERCIAL COURT JUDGES LIQUIDATION PROCESSES COURT PROCEEDINGS ADOPTION EU PAYMENT COMMERCIAL COURT PERFORMANCE FINANCIAL INSTITUTIONS JUDGES COMMERCIAL COURTS DEBT LEGISLATION CIVIL PROCEDURES SETTLEMENT CREDITOR RIGHTS COURT COSTS COMPANY LAW LOANS DIRECT INVESTMENT TAX REVENUES LEGAL PROCESS RESIDENCE RULE OF LAW ACCESS TO COURT ENFORCEMENT OF JUDGMENTS LEGAL FRAMEWORK ALTERNATIVE DISPUTE RESOLUTION COURT INFRASTRUCTURE CUSTODY JUDICIAL SYSTEM NOTARIES DOMESTIC VIOLENCE LEGAL “PROCESS JURISDICTION PROCUREMENT FAMILY DIVORCE FOREIGN DIRECT INVESTMENT CREDIT JUDICIAL COUNCIL CLAIMS DEBT COLLECTION VICTIM COURT PERSONNEL PROPERTY OFFENDERS LEGAL AID GENERAL OBSERVATIONS COURT FILING COURT JUDGMENTS ASSETS INDEBTED SALE PROCEEDS COURT STAFF CRIMINAL JUSTICE COMMERCIAL COURT SYSTEM COURT DECISION ENFORCEMENT JUSTICE ADR HUMAN RIGHTS DIRECT PAYMENT CHILDREN COURT FILINGS BANK LOANS DISMISSAL INVESTMENT FINANCIAL INTERMEDIATION COURT PERFORMANCE COMMERCIAL DISPUTE CIVIL LAW INVESTMENT CLIMATE COURT PROCESSES FINANCE CORPORATION STATEMENT OF CLAIM JUDICIARY JUDGMENTS INSOLVENCY DISPOSITION JUDICIAL AUTHORITY LAW LEGAL REQUIREMENTS JUSTICE SYSTEM BAILIFF PAYMENT OF MONEY PUBLIC AUCTIONS JUDICIAL DECISION ASSET LIQUIDATION DEBT RECOVERY GOVERNANCE STRUCTURES WOMEN BAILIFFS FINAL JUDGMENTS LEGAL PROCESSES JUDICIAL TRAINING CAPITAL INVESTMENT POWER OF ATTORNEY COMMON LAW FEMALE COMMERCIAL DISPUTES GUARANTEE COMMERCIAL COURT BENEFITS CLAIM REAL PROPERTY COURT ACTION COURT SYSTEM Ebeid, Omniah Gramckow, Heike Commercial Court and Enforcement Assessment Tool |
| description |
An effective and efficient justice
system is essential for sustained economic growth. In a
well-functioning, independent, and efficient justice system,
decisions are taken within a reasonable time and are
predictably and effectively enforced, and individual rights,
including property rights, are adequately protected. Among
other objectives, the efficiency of the judicial system is
important for creating a good business climate, attracting
foreign direct investment, securing tax revenues, and
supporting economic growth. Research has shown that weak
contract enforcement, for example, raises the cost of
borrowing and shortens loan maturities, with a resulting
negative effect on investment and GDP. Weak court
enforcement systems have also been linked to late payments,
which can lead to liquidity issues for companies and
increase insolvency. Since the publication of the World
Bank’s World Development Report 2005, the importance of
well-functioning courts to strengthening the investment
climate and ultimately to reducing poverty and boosting
shared prosperity has been brought to the forefront and
become internationally recognized. Indicators of commercial
court performance, and business community perceptions of and
trust in the courts, are a part of the World Bank Group’s
(WBG) country-level investment climate assessments and its
influential Investment Climate Surveys and Doing Business
reports. Court performance has also become an element of
European Union (EU) and Organization for Economic
Co-operation and Development (OECD) accession. Helping
countries to improve commercial court operations and ensure
improved accessibility and effective delivery of services
are important components of the development assistance
provided by the WBG. The Commercial Court and Enforcement
Assessment Tool has been designed to assist assessment teams
and client agencies in this effort. |
| format |
Report |
| author |
Ebeid, Omniah Gramckow, Heike |
| author_facet |
Ebeid, Omniah Gramckow, Heike |
| author_sort |
Ebeid, Omniah |
| title |
Commercial Court and Enforcement Assessment Tool |
| title_short |
Commercial Court and Enforcement Assessment Tool |
| title_full |
Commercial Court and Enforcement Assessment Tool |
| title_fullStr |
Commercial Court and Enforcement Assessment Tool |
| title_full_unstemmed |
Commercial Court and Enforcement Assessment Tool |
| title_sort |
commercial court and enforcement assessment tool |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2016/03/26114432/commercial-court-enforcement-assessment-tool http://hdl.handle.net/10986/24018 |
| _version_ |
1764455599433580544 |
| spelling |
okr-10986-240182021-05-25T10:54:44Z Commercial Court and Enforcement Assessment Tool Ebeid, Omniah Gramckow, Heike COURT REPRESENTATIVE CREDIT MARKETS SEIZURE OF ASSETS BENEFIT REGULATORY FRAMEWORK COURT HOUSE LIQUIDATION CIVIL PROCEDURE COLLECTION EFFORT PUBLIC AUCTION LATE PAYMENTS COURT JUDGMENT CRIMINAL LAWS LAW ENFORCEMENT JUDICIARIES JUSTICE SYSTEMS TYPE OF DEBT PROPERTY RIGHTS LIQUIDITY GOOD GOVERNANCE DEBTOR ENFORCEMENT PROCEDURES ASSET JUDICIAL COUNCILS COURT HEARINGS LEGAL STATUS CONTRACT ENFORCEMENT MECHANISMS ADMINISTRATIVE COURT LOAN WILL PAYMENTS BANKRUPTCY CREDITORS CREDITOR COURT DECISIONS DISPUTE RESOLUTION JUDGMENT BUDGET HOME JUDICIAL DECISIONS JURISDICTIONS SETTLEMENTS LEGAL FRAMEWORKS INTERNATIONAL FINANCE CODE OF CONDUCT COURTS JUDICIAL PROCEDURES ENFORCEMENT MECHANISMS SALE OF PROPERTY PENALTIES MOVABLE PROPERTY RULES OF PROCEDURE COMMERCIAL JUDGES TITLE ENFORCEMENTS CONTRACT ENFORCEMENT JUDGE RESTRUCTURING COURT EFFICIENCY FOREIGN COMPANY COMMERCIAL COURT JUDGES LIQUIDATION PROCESSES COURT PROCEEDINGS ADOPTION EU PAYMENT COMMERCIAL COURT PERFORMANCE FINANCIAL INSTITUTIONS JUDGES COMMERCIAL COURTS DEBT LEGISLATION CIVIL PROCEDURES SETTLEMENT CREDITOR RIGHTS COURT COSTS COMPANY LAW LOANS DIRECT INVESTMENT TAX REVENUES LEGAL PROCESS RESIDENCE RULE OF LAW ACCESS TO COURT ENFORCEMENT OF JUDGMENTS LEGAL FRAMEWORK ALTERNATIVE DISPUTE RESOLUTION COURT INFRASTRUCTURE CUSTODY JUDICIAL SYSTEM NOTARIES DOMESTIC VIOLENCE LEGAL “PROCESS JURISDICTION PROCUREMENT FAMILY DIVORCE FOREIGN DIRECT INVESTMENT CREDIT JUDICIAL COUNCIL CLAIMS DEBT COLLECTION VICTIM COURT PERSONNEL PROPERTY OFFENDERS LEGAL AID GENERAL OBSERVATIONS COURT FILING COURT JUDGMENTS ASSETS INDEBTED SALE PROCEEDS COURT STAFF CRIMINAL JUSTICE COMMERCIAL COURT SYSTEM COURT DECISION ENFORCEMENT JUSTICE ADR HUMAN RIGHTS DIRECT PAYMENT CHILDREN COURT FILINGS BANK LOANS DISMISSAL INVESTMENT FINANCIAL INTERMEDIATION COURT PERFORMANCE COMMERCIAL DISPUTE CIVIL LAW INVESTMENT CLIMATE COURT PROCESSES FINANCE CORPORATION STATEMENT OF CLAIM JUDICIARY JUDGMENTS INSOLVENCY DISPOSITION JUDICIAL AUTHORITY LAW LEGAL REQUIREMENTS JUSTICE SYSTEM BAILIFF PAYMENT OF MONEY PUBLIC AUCTIONS JUDICIAL DECISION ASSET LIQUIDATION DEBT RECOVERY GOVERNANCE STRUCTURES WOMEN BAILIFFS FINAL JUDGMENTS LEGAL PROCESSES JUDICIAL TRAINING CAPITAL INVESTMENT POWER OF ATTORNEY COMMON LAW FEMALE COMMERCIAL DISPUTES GUARANTEE COMMERCIAL COURT BENEFITS CLAIM REAL PROPERTY COURT ACTION COURT SYSTEM An effective and efficient justice system is essential for sustained economic growth. In a well-functioning, independent, and efficient justice system, decisions are taken within a reasonable time and are predictably and effectively enforced, and individual rights, including property rights, are adequately protected. Among other objectives, the efficiency of the judicial system is important for creating a good business climate, attracting foreign direct investment, securing tax revenues, and supporting economic growth. Research has shown that weak contract enforcement, for example, raises the cost of borrowing and shortens loan maturities, with a resulting negative effect on investment and GDP. Weak court enforcement systems have also been linked to late payments, which can lead to liquidity issues for companies and increase insolvency. Since the publication of the World Bank’s World Development Report 2005, the importance of well-functioning courts to strengthening the investment climate and ultimately to reducing poverty and boosting shared prosperity has been brought to the forefront and become internationally recognized. Indicators of commercial court performance, and business community perceptions of and trust in the courts, are a part of the World Bank Group’s (WBG) country-level investment climate assessments and its influential Investment Climate Surveys and Doing Business reports. Court performance has also become an element of European Union (EU) and Organization for Economic Co-operation and Development (OECD) accession. Helping countries to improve commercial court operations and ensure improved accessibility and effective delivery of services are important components of the development assistance provided by the WBG. The Commercial Court and Enforcement Assessment Tool has been designed to assist assessment teams and client agencies in this effort. 2016-04-06T21:50:05Z 2016-04-06T21:50:05Z 2016-03-01 Report http://documents.worldbank.org/curated/en/2016/03/26114432/commercial-court-enforcement-assessment-tool http://hdl.handle.net/10986/24018 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Legal and Judicial Sector Assessment |