Marshall Islands - Strength of legal rights index
Strength of legal rights index (0=weak to 12=strong)
Definition: Strength of legal rights index measures the degree to which collateral and bankruptcy laws protect the rights of borrowers and lenders and thus facilitate lending. The index ranges from 0 to 12, with higher scores indicating that these laws are better designed to expand access to credit.
Source: World Bank, Doing Business project (http://www.doingbusiness.org/).
Sub-Topic: Business environment