ABSTRACT

In recent years there have been increasing attempts to measure both the relative importance of various obstacles to doing business, including the inefficiency, unfairness or ineffectiveness of the judicial system, and other institutional factors across countries as well as across states or regions within countries (World Economic Forum, 2003, 2006; Gwartney, et al., 2001; World Bank, 2004, 2005 and 2006). The primary rationale for developing these measures has been to identify and measure the relative importance of different constraints on private sector development and business performance more generally.