The Cost of Resolving Small-Business Conflicts: The Case of Peru
AbstractThis study analyzes the impact of judicial inefficiency on small businesses in Peru. It is based on the hypothesis that chronic problems in the region's judicial systems have negative consequences on the development of micro, small and medium-sized businesses. The analysis focuses, first, on the relationship between small businesses and the legal system. Secondly, it looks at decisions made by small businesses to mitigate the effects of poor performance by the courts. Lastly, it identifies several ways in which judicial inefficiency is transferred to the business sector. The analysis also attempts to quantify the economic impact of judicial inefficiency.
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Bibliographic InfoPaper provided by Inter-American Development Bank in its series IDB Publications with number 47398.
Date of creation: Aug 2004
Date of revision:
SME; Judicial Administration & Legal Reform; Productivity; small enterprises; conflict resolution;
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