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Economic growth and the reform of the judicial system of Bulgaria in the period 2000-2015 (vision for a new measurement model)

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  • Nozharov, Shteryo

Abstract

The publication proposes a concept for new model for evaluation of the “reform of the judicial system”, different from those applied by the World Bank and the International Monetary Fund where the economic growth rate of each country is measured. Their models, based on performance indicators, examine the “reform of the judicial system” as constant and floating in time, evaluated in certain periods of time. This fact obstructs the identification of the relative legislative miscarriages of every single judicial reform. The new model, proposed by the current study, discusses the possibilities how the presence of a single reform of the judicial system could be identified by a group of indicators. In this way it can be determined both the effectiveness of the reform of the judicial system and the government will for reform during its mandate. The model is especially useful to be implemented by countries with transitional economies when evaluating the correlation between the reform of the judicial system and the economic growth. As an example, in the current study the model is applied to the judicial system of Bulgaria.

Suggested Citation

  • Nozharov, Shteryo, 2015. "Economic growth and the reform of the judicial system of Bulgaria in the period 2000-2015 (vision for a new measurement model)," MPRA Paper 72919, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:72919
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    References listed on IDEAS

    as
    1. Gianluca Esposito & Mr. Sergi Lanau & Sebastiaan Pompe, 2014. "Judicial System Reform in Italy - A Key to Growth," IMF Working Papers 2014/032, International Monetary Fund.
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    More about this item

    Keywords

    reform of the judicial system; economic growth; econometric analysis;
    All these keywords.

    JEL classification:

    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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