It takes the average reader and 41 minutes to read Reforming the Legal and Institutional Framework for the Enforcement of Civil and Commercial Claims in Portugal by Sebastiaan Pompe
Assuming a reading speed of 250 words per minute. Learn more
This paper discusses the recent major reforms in the area of civil and commercial claims enforcement undertaken by the Portuguese authorities in the context of the IMF/EU-supported adjustment program. The economic literature has long recognized that slow claims enforcement affects economic growth, foreign direct investment, credit and labor markets, and firm size. The Portuguese authorities together with IMF/EU staff deployed a novel approach that has focused on incentives tackling weaknesses in the enforcement process with the aim of increasing the efficiency and effectiveness of claims enforcement and resolving court backlogs. The paper finds impressive quantifiable changes affecting, in particular, court backlog reduction, court processing speed, and private debt recovery. The economic literature suggests that this will impact positively on the payment culture and overall growth, even if such impact cannot be determined at this stage.
Reforming the Legal and Institutional Framework for the Enforcement of Civil and Commercial Claims in Portugal by Sebastiaan Pompe is 41 pages long, and a total of 10,291 words.
This makes it 14% the length of the average book. It also has 13% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 56 minutes to read Reforming the Legal and Institutional Framework for the Enforcement of Civil and Commercial Claims in Portugal aloud.
Reforming the Legal and Institutional Framework for the Enforcement of Civil and Commercial Claims in Portugal is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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