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Courts (PDF, 691KB), by Simeon Djankov and others, Quarterly Journal of Economics, May 2003.
This topic looks at the efficiency of contract enforcement by following the evolution of a sale of goods dispute and tracking the time, cost, and number of procedures involved from the moment the plaintiff files the lawsuit until actual payment.
The table below shows the three main indicators for enforcing contracts. They are:
Courts (PDF, 691KB), by Simeon Djankov and others, Quarterly Journal of Economics, May 2003.
| Region or Economy | Procedures (number) | Time (days) | Cost (% of claim) |
|---|---|---|---|
| OECD | 30.6 | 462.4 | 19.2 |
| Eastern Europe & Central Asia | 37.1 | 450.9 | 25.6 |
| East Asia & Pacific | 37.2 | 538.1 | 48.5 |
| Sub-Saharan Africa | 39.2 | 643.9 | 49.3 |
| Latin America & Caribbean | 39.7 | 707.0 | 31.3 |
| Middle East & North Africa | 43.4 | 679.9 | 23.7 |
| South Asia | 43.5 | 1,052.9 | 27.2 |
| Ireland | 20 | 515 | 26.9 |
| Singapore | 21 | 150 | 25.8 |
| Hong Kong, China | 24 | 280 | 19.5 |
| Rwanda | 24 | 260 | 78.7 |
| Austria | 25 | 397 | 18.0 |
| Belgium | 25 | 505 | 16.6 |
| Netherlands | 25 | 514 | 24.4 |
| Iceland | 26 | 417 | 6.2 |
| Luxembourg | 26 | 321 | 9.7 |
| Czech Republic | 27 | 611 | 33.0 |
| Latvia | 27 | 309 | 23.1 |
| Australia | 28 | 395 | 20.7 |
| Belarus | 28 | 225 | 23.4 |
| Botswana | 29 | 687 | 28.0 |
| France | 29 | 331 | 17.4 |
| Venezuela, R.B. | 29 | 510 | 43.7 |
| El Salvador | 30 | 786 | 19.2 |
| Germany | 30 | 394 | 14.4 |
| Japan | 30 | 360 | 22.7 |
| Lithuania | 30 | 275 | 23.6 |
| Malaysia | 30 | 585 | 27.5 |
| Mozambique | 30 | 730 | 142.5 |
| New Zealand | 30 | 216 | 22.4 |
| Slovak Republic | 30 | 565 | 30.0 |
| South Africa | 30 | 600 | 33.2 |
| Sweden | 30 | 508 | 31.2 |
| Ukraine | 30 | 345 | 41.5 |
| United Kingdom | 30 | 399 | 23.4 |
| Vanuatu | 30 | 430 | 74.7 |
| Guatemala | 31 | 1,459 | 26.5 |
| Moldova | 31 | 365 | 20.9 |
| Panama | 31 | 686 | 50.0 |
| Portugal | 31 | 547 | 13.0 |
| Romania | 31 | 512 | 28.9 |
| Switzerland | 31 | 417 | 24.0 |
| Finland | 32 | 375 | 10.4 |
| Gambia, the | 32 | 434 | 37.9 |
| Kiribati | 32 | 660 | 25.8 |
| Mongolia | 32 | 314 | 30.6 |
| Slovenia | 32 | 1,290 | 12.7 |
| United States | 32 | 300 | 14.4 |
| Côte d'Ivoire | 33 | 770 | 41.7 |
| Hungary | 33 | 395 | 13.0 |
| Namibia | 33 | 270 | 35.8 |
| Norway | 33 | 280 | 9.9 |
| China | 34 | 406 | 11.1 |
| Colombia | 34 | 1,346 | 52.6 |
| Denmark | 34 | 380 | 23.3 |
| Dominican Republic | 34 | 460 | 40.9 |
| Fiji | 34 | 397 | 38.9 |
| Micronesia, Fed. Sts. | 34 | 965 | 66.0 |
| Tajikistan | 34 | 430 | 25.5 |
| Vietnam | 34 | 295 | 28.5 |
| Haiti | 35 | 508 | 42.6 |
| Israel | 35 | 890 | 25.3 |
| Jamaica | 35 | 655 | 45.6 |
| Korea, Rep. | 35 | 230 | 10.3 |
| Nicaragua | 35 | 540 | 26.8 |
| Thailand | 35 | 479 | 12.3 |
| Turkey | 35 | 420 | 18.8 |
| Zambia | 35 | 471 | 38.7 |
| Argentina | 36 | 590 | 16.5 |
| Canada | 36 | 570 | 22.3 |
| Chile | 36 | 480 | 28.6 |
| Estonia | 36 | 425 | 26.3 |
| Georgia | 36 | 285 | 29.9 |
| Ghana | 36 | 487 | 23.0 |
| Guyana | 36 | 581 | 25.2 |
| Mali | 36 | 626 | 52.0 |
| Marshall Islands | 36 | 476 | 27.4 |
| Mauritius | 36 | 720 | 17.4 |
| Serbia | 36 | 635 | 28.9 |
| Yemen, Rep. | 36 | 520 | 16.5 |
| Burkina Faso | 37 | 446 | 83.0 |
| Cape Verde | 37 | 425 | 21.8 |
| Ethiopia | 37 | 620 | 15.2 |
| Lebanon | 37 | 721 | 30.8 |
| Macedonia, FYR | 37 | 370 | 33.1 |
| Philippines | 37 | 842 | 26.0 |
| Russian Federation | 37 | 281 | 13.4 |
| Solomon Islands | 37 | 455 | 78.9 |
| Tonga | 37 | 350 | 30.5 |
| Bosnia and Herzegovina | 38 | 595 | 38.4 |
| Croatia | 38 | 561 | 13.8 |
| Gabon | 38 | 1,070 | 34.3 |
| Jordan | 38 | 689 | 31.2 |
| Kazakhstan | 38 | 390 | 22.0 |
| Madagascar | 38 | 871 | 42.4 |
| Mexico | 38 | 415 | 32.0 |
| Palau | 38 | 885 | 35.3 |
| Paraguay | 38 | 591 | 30.0 |
| Poland | 38 | 830 | 12.0 |
| Seychelles | 38 | 720 | 14.3 |
| Tanzania | 38 | 462 | 14.3 |
| Uganda | 38 | 510 | 44.9 |
| Zimbabwe | 38 | 410 | 32.0 |
| Albania | 39 | 390 | 38.7 |
| Azerbaijan | 39 | 237 | 18.5 |
| Bulgaria | 39 | 564 | 23.8 |
| Ecuador | 39 | 588 | 27.2 |
| Eritrea | 39 | 405 | 22.6 |
| Greece | 39 | 819 | 14.4 |
| Indonesia | 39 | 570 | 122.7 |
| Iran, Islamic Rep. | 39 | 520 | 17.0 |
| Kyrgyz Republic | 39 | 260 | 29.0 |
| Nepal | 39 | 735 | 26.8 |
| Niger | 39 | 545 | 59.6 |
| Nigeria | 39 | 457 | 32.0 |
| Puerto Rico | 39 | 620 | 24.3 |
| Spain | 39 | 515 | 17.2 |
| Tunisia | 39 | 565 | 21.8 |
| Bolivia | 40 | 591 | 33.2 |
| Costa Rica | 40 | 852 | 24.3 |
| Djibouti | 40 | 1,225 | 34.0 |
| Equatorial Guinea | 40 | 553 | 18.5 |
| Italy | 40 | 1,210 | 29.9 |
| Kenya | 40 | 465 | 47.2 |
| Morocco | 40 | 615 | 25.2 |
| Sierra Leone | 40 | 515 | 149.5 |
| Sri Lanka | 40 | 1,318 | 22.8 |
| Swaziland | 40 | 972 | 23.1 |
| Uruguay | 40 | 720 | 19.0 |
| Bangladesh | 41 | 1,442 | 63.3 |
| Chad | 41 | 743 | 77.4 |
| Egypt, Arab Rep. | 41 | 1,010 | 26.2 |
| Guinea-Bissau | 41 | 1,140 | 25.0 |
| Lesotho | 41 | 695 | 19.5 |
| Liberia | 41 | 1,280 | 35.0 |
| Maldives | 41 | 665 | 16.5 |
| Peru | 41 | 428 | 35.7 |
| Togo | 41 | 588 | 47.5 |
| Benin | 42 | 825 | 64.7 |
| Lao PDR | 42 | 443 | 31.6 |
| Malawi | 42 | 432 | 142.4 |
| Papua New Guinea | 42 | 591 | 110.3 |
| Trinidad and Tobago | 42 | 1,340 | 33.5 |
| Uzbekistan | 42 | 195 | 22.2 |
| Cameroon | 43 | 800 | 46.6 |
| Central African Republic | 43 | 660 | 82.0 |
| Comoros | 43 | 506 | 89.4 |
| Congo, Dem. Rep. | 43 | 625 | 151.8 |
| Cyprus | 43 | 735 | 16.4 |
| Qatar | 43 | 570 | 21.6 |
| São Tomé and Principe | 43 | 1,185 | 50.5 |
| Saudi Arabia | 43 | 635 | 27.5 |
| Burundi | 44 | 832 | 38.6 |
| Cambodia | 44 | 401 | 102.7 |
| Congo, Rep. | 44 | 560 | 53.2 |
| Samoa | 44 | 455 | 19.7 |
| Senegal | 44 | 780 | 26.5 |
| Suriname | 44 | 1,715 | 37.1 |
| West Bank and Gaza | 44 | 600 | 21.2 |
| Antigua and Barbuda | 45 | 351 | 22.7 |
| Brazil | 45 | 616 | 16.5 |
| Honduras | 45 | 900 | 35.2 |
| St. Vincent and the Grenadines | 45 | 394 | 30.3 |
| Algeria | 46 | 630 | 21.9 |
| Angola | 46 | 1,011 | 44.4 |
| India | 46 | 1,420 | 39.6 |
| Mauritania | 46 | 370 | 23.2 |
| Afghanistan | 47 | 1,642 | 25.0 |
| Bhutan | 47 | 225 | 0.1 |
| Dominica | 47 | 681 | 36.0 |
| Grenada | 47 | 688 | 32.6 |
| Pakistan | 47 | 976 | 23.8 |
| St. Kitts and Nevis | 47 | 578 | 20.5 |
| St. Lucia | 47 | 635 | 37.3 |
| Taiwan, China | 47 | 510 | 17.7 |
| Armenia | 48 | 285 | 19.0 |
| Bahrain | 48 | 635 | 14.7 |
| Bahamas, the | 49 | 427 | 28.9 |
| Montenegro | 49 | 545 | 25.7 |
| United Arab Emirates | 49 | 537 | 26.2 |
| Guinea | 50 | 276 | 45.0 |
| Kuwait | 50 | 566 | 18.8 |
| Belize | 51 | 892 | 27.5 |
| Iraq | 51 | 520 | 27.3 |
| Oman | 51 | 598 | 13.5 |
| Timor-Leste | 51 | 1,435 | 163.2 |
| Kosovo | 53 | 420 | 61.2 |
| Sudan | 53 | 810 | 19.8 |
| Syrian Arab Republic | 55 | 872 | 29.3 |
| Brunei Darussalam | 58 | 540 | 36.6 |