Rule Of Law Justice

World Governance Indicators composite measure capturing perceptions of the extent to which agents have confidence in and abide by the rules of society, including contract enforcement, property rights, police, and courts

Measure of the degree to which the judiciary is independent from interference by the government and other actors, including appointment processes, tenure security, and budget autonomy

Index measuring the degree to which private property rights are protected by law and enforced by the state, including protection from expropriation, ease of registration, and security of tenure

World Bank Doing Business measure of the average number of calendar days from filing a commercial dispute lawsuit to final enforcement of judgment, capturing judicial efficiency

Number of prisoners per 100,000 population including pretrial detainees and remand prisoners, measuring the scope of the criminal justice system punitive reach

World Governance Indicators measure of perceptions of the extent to which public power is exercised for private gain, including both petty and grand forms of corruption and state capture

Rule of law strongly predicts cross-country income differences, explaining over 50 percent of variance when instrumented with colonial settler mortality, establishing institutions as a fundamental cause of development

Judicial independence is positively associated with FDI inflows and economic freedom, as independent courts provide credible commitment to property rights and contract enforcement

Property rights protection is positively associated with domestic and foreign investment rates, as secure property rights reduce transaction costs and incentivize long-term capital formation

Faster contract enforcement measured by fewer days to resolve commercial disputes is positively associated with new firm formation and business entry rates across countries

Basic analysis workflow for the rule_of_law domain.

Install this PAX into your Praxis instance: