The Importance of Contract Enforcement at the Economic Level

The Importance of Contract Enforcement at the Economic Level

The Contract Enforcement Index measures the time and cost of resolving commercial disputes through local primary courts as well as the overall quality of judicial proceedings. However, why do countries pay such great attention to the issue of contract enforcement and what is its impact on the economic level? In this article, we will discuss the importance of contract enforcement and its impact on improving the business environment, attracting investments, and promoting sustainability and economic growth

 

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Ali Faqeeh,  Research Associate

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