About

Dispute resolution is a critical aspect of any legal and economic system, providing mechanisms to resolve conflicts and uphold contracts efficiently and fairly. Efficient dispute resolution systems are foundational to private sector growth, as they foster entrepreneurial activity, enhance investor confidence, and facilitate access to finance. Effective judiciaries can strengthen competition and promote innovation by ensuring that legal processes are clear, predictable, and enforceable. Conversely, a lack of trust in the dispute resolution system can severely undermine private sector development. When businesses lack confidence in the courts' ability to resolve disputes efficiently, they are less likely to invest, expand, or engage in long-term planning. This hesitancy can lead to inefficient resource distribution, technological stagnation, and economic instability.

The Dispute Resolution framework, as outlined in the B-Ready, emphasizes the importance of a structured and reliable dispute resolution process. The framework is organized into three key pillars: the regulatory framework for dispute resolution, public services for dispute resolution, and the ease of resolving a commercial dispute in practice. Each pillar encompasses several components designed to measure and enhance the effectiveness, efficiency, and reliability of dispute resolution mechanisms.