dc.contributor.author | Econ Team | |
dc.date.accessioned | 2022-05-13T12:35:53Z | |
dc.date.available | 2022-05-13T12:35:53Z | |
dc.date.issued | 2013-07 | |
dc.identifier.citation | Justice in slow motion corrodes Sri Lanka's economy. (2013, July 24). Daily Mirror. https://www.pressreader.com/sri-lanka/daily-mirror-sri-lanka/20130724/282243778206739 | en_US |
dc.identifier.uri | http://archive.veriteresearch.org/xmlui/handle/123456789/4691 | |
dc.description | 4p. | en_US |
dc.description.abstract | The Insight discusses three aspects regarding the inherent lengthy delays in the Sri Lankan court system. First, delays in dispute resolution are costly—and not merely in legal fees, but in investments and initiatives “blocked” until there is a resolution. Second, a system with chronic delays in the legal system hugely increases uncertainty, risk and business competitiveness. Thirdly, it is an incentives and coordination problem (where everyone is a loser). | en_US |
dc.language.iso | en | en_US |
dc.relation.ispartofseries | Verité Insights; | |
dc.subject | Doing Business Index - DBI | en_US |
dc.subject | Business competitiveness - Sri Lanka | en_US |
dc.subject | Contract enforcement | en_US |
dc.subject | Court delays | en_US |
dc.subject | Business environment - legal system | en_US |
dc.title | Justice in Slow Motion Corrodes Sri Lanka's Economy | en_US |
dc.type | Insight | en_US |
dc.project.code | Team Initiative | en_US |