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Courts: the Lex Mundi Project / Simeon Djankov, Rafael La Porta, Florencio Lopez-de-Silane, Andrei Shleifer.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Djankov, Simeon.
Contributor:
National Bureau of Economic Research.
La Porta, Rafael.
Lopez-de-Silane, Florencio.
Shleifer, Andrei.
Series:
Working Paper Series (National Bureau of Economic Research) no. w8890.
NBER working paper series no. w8890
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Other Title:
Courts
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2002.
Summary:
In cooperation with Lex Mundi member law firms in 109 countries, we measure and describe the exact procedures used by litigants and courts to evict a tenant for non-payment of rent and to collect a bounced check. We use these data to construct an index of procedural formalism of dispute resolution for each country. We find that such formalism is systematically greater in civil than in common law countries. Moreover, procedural formalism is associated with higher expected duration of judicial proceedings, more corruption, less consistency, less honesty, less fairness in judicial decisions, and inferior access to justice. These results suggest that legal transplantation may have led to an inefficiently high level of procedural formalism, particularly in developing countries.
Notes:
Print version record
April 2002.

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