State-owned financial institutions (SOFIs) are often associated with poor corporate governance, political interference, crowding out of private sector resources, higher non-performing loans (NPLs…
In any country, judges are among the most qualified and highest paid public officials. Their time is valuable. Given the time and resources required to settle a dispute of any value, when is it…
Businesses having their claims heard by courts in Bosnia and Herzegovina seem to be facing this dilemma non-stop. Either go to court and, if you are lucky, receive an enforceable judgment within a…
The wheels of justice turn slowly, so the saying goes. But can the use of expert witnesses help turn them a little faster? Or are they just cogs in the wheels? An expert witness is a person with a…
Three economists walk in to meet a judge in Rome...
Although this might sound like the setup to a joke, what ensues is not a punchline, but rather a demonstrable improvement in court…
Victims of crime are among the most vulnerable groups in need of government services - from basic information to shelters, hotlines, health and psychological services, legal assistance, and more.…
Tim Cordell, Cartoonstock.com We know that the justice system dampens the business climate in many of the countries where we work. In Bank reports, national strategies, and in common parlance, we…
What happens if you have a legal problem but you can’t afford a lawyer?
In Serbia, we are one step closer to answering that very question. We’ve developed a guide to help ordinary citizens…
We all have regular bills to pay for the ubiquitous services we consume – whether they be for utilities (water, heating, electricity etc.), credit cards, memberships, or car payments. But, not…
Global competition to attract foreign and domestic direct investment is so high that nearly all countries offer incentives (such as tax holidays, customs duty exemptions and subsidized loans) to…