Contract Enforcement: The Practicalities of Dealing with Commercial Disputes in Nepal

Contract Enforcement: The Practicalities of Dealing with Commercial Disputes in Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country,
Cost-effective and timely enforcement of contracts, especially the commercial contracts is a prerequisite for economic growth of a society. Without effective contract enforcement mechanisms, the tendency to breach a contract will be higher and discourage people and companies from undertaking impersonal and large-scale ventures.

In World Bank's Doing Business Report 2013, Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, ranks 137th out of 185 economies with regards to ease of enforcing contract enforcement.

• Why is the scenario like this? 
• Why are Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, ese reluctant to enter into formal contracts and what alternatives to formal contract enforcement can be used in Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, 's scenario to make it more effective? 

I have coauthored the following paper on contract enforcement in Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, with two other colleagues at Samriddhi, The Prosperity Foundation. This paper analyzes contract enforcement in Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country, focusing on the settlement of commercial disputes. It looks at the current contract enforcement scenario and discusses about the alternatives to formal contract enforcement mechanism i.e. through courts.
Contract Enforcement: The Practicalities of Dealing with Commercial Disputes in Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country,

Contract Enforcement: The Practicalities of Dealing with Commercial Disputes in Nepal, the beautiful country, tourist based country, , the beautiful country, tourist based country, , the beautiful country, tourist based country,
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