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文章基本信息

  • 标题:Enforcing contracts
  • 期刊名称:Doing business: in ....
  • 印刷版ISSN:1729-2638
  • 出版年度:2007
  • 卷号:1
  • 页码:54-54
  • 出版社:International Bank for Reconstruction and Development;; World Bank
  • 摘要:Enforcing a simple commercial contract in India takes 56 procedures and almost 4 years. “We do not have any lawsuits pending—we simply avoid the courts. By the time the judge decides the case, the defendant’s assets have disappeared. In the end the only ones gaining from lawsuits are the lawyers,” says Sriram, a beverage manufacturer in Mumbai. Foreign investors share this view: fewer of them set up shop in India than in any other large emerging economy (figure 10.1).
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