TY - JOUR AU - Djankov,Simeon AU - Porta,Rafael La AU - Lopez-de-Silane,Florencio AU - Shleifer,Andrei TI - Courts: the Lex Mundi Project JF - National Bureau of Economic Research Working Paper Series VL - No. 8890 PY - 2002 Y2 - April 2002 UR - http://www.nber.org/papers/w8890 L1 - http://www.nber.org/papers/w8890.pdf N1 - Author contact info: Simeon Djankov min E-Mail: sdjankov@minfin.bg Rafael La Porta Dartmouth College Tuck School 210 Tuck Hall Hanover, NH 03755 Tel: 603/646-3739 E-Mail: rafael.laporta@dartmouth.edu Florencio Lopez-de-Silanes EDHEC Business School 393, Promenade des Anglais BP 3116 06202 Nice Cedex 3 FRANCE Tel: +33 (0) 4 93 18 78 07 Fax: +33 (0) 4 93 18 78 41 E-Mail: Florencio.lopezdesilanes@edhec.edu Andrei Shleifer Department of Economics Harvard University Littauer Center M-9 Cambridge, MA 02138 Tel: 617/495-5046 Fax: 617/496-1708 E-Mail: ashleifer@harvard.edu AB - In cooperation with Lex Mundi member law firms in 109 countries, we measure and describe the exact procedures used by litigants and courts to evict a tenant for non-payment of rent and to collect a bounced check. We use these data to construct an index of procedural formalism of dispute resolution for each country. We find that such formalism is systematically greater in civil than in common law countries. Moreover, procedural formalism is associated with higher expected duration of judicial proceedings, more corruption, less consistency, less honesty, less fairness in judicial decisions, and inferior access to justice. These results suggest that legal transplantation may have led to an inefficiently high level of procedural formalism, particularly in developing countries. ER -