World Bank Doing Business data measures the time, in calendar days, required to enforce a contract through the courts. It tracks the average duration of three dispute resolution stages: filing and service, trial and judgment, and enforcement. The dataset is produced by the World Bank's Doing Business project.
Use Cases
- Benchmark the 'time (days)' metric across countries to rank judicial efficiency for business climate reports.
- Analyze the correlation between the duration of the 'filing and service' stage and broader economic development indicators.
- Model the impact of reforms on the 'trial and judgment' phase duration using longitudinal time-series analysis.
- Forecast total enforcement time from historical trends in the 'enforcement' stage data.
Strengths
- Standardized 'time (days)' metric allows for cross-country comparison.
- Data breaks down the total duration into three specific procedural stages.
Limitations
- Specific row count, time range, and geographic coverage are unknown.
- Data may reflect a standardized case scenario rather than real-world averages.
- The Doing Business project has been discontinued, limiting future updates.
Provenance
- Source
- World Bank Doing Business project.
- Collection Method
- Data is collected based on a standardized case study of a commercial dispute.
- Time Range
- null
- Freshness
- null
- Geography
- Global, covering numerous economies measured by the Doing Business project.