South Korea

Index Of Legal Rights For Creditors And Borrowers

5
(0 = weak to 12 = strong)
Source: IMF

Definition of Index Of Legal Rights For Creditors And Borrowers

The strength of legal rights index measures whether certain features that facilitate lending exist within the appli­cable collateral and bankruptcy laws. The index ranges from 0 to 12 based on the methodology in the Doing Business 15-20 studies.

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