Alternative dispute resolution can help the justice system in a country function more efficiently. It often saves costs and time and increases user satisfaction. For cases that go back to court, however, the total cost and time may increase. Alternative dispute resolution can also have indirect...

The 2008 financial crisis and consequent rise in corporate insolvencies highlight the clear need for efficient bankruptcy systems to liquidate unviable firms and reorganize viable ones and to do so in a way that maximizes the proceeds for creditors, shareholders, employees, and other...

The World Bank Group Entrepreneurship Survey continues to extend our knowledge of the importance of entrepreneurship for a dynamic economy. In its second year, with more countries participating, the survey again shows a strong relationship between entrepreneurship, the business environment, and...

Entrepreneurship is important for the continued dynamism of modern economies and for job creation. Policymakers need to know how new firms get started and what financial and institutional factors promote entrepreneurial activity. A new cross-country, time-series data set shows a strong...