Love, Inessa2012-08-132012-08-132011-10https://hdl.handle.net/10986/11055Alternative dispute resolution can help the justice system in a country function more efficiently. It often saves costs and time and increases user satisfaction. For cases that go back to court, however, the total cost and time may increase. Alternative dispute resolution can also have indirect benefits. It can increase the effectiveness of courts by reducing bottlenecks. And it can improve trust in the legal system, which may increase foreign investment.CC BY 3.0 IGOACCESS TO CREDITADJUDICATIONADRADR EFFECTIVENESSALTERNATIVE DISPUTE RESOLUTIONARBITRATIONARBITRATION AGREEMENTSARBITRATION AWARDSATTORNEYSBANKRUPTCYBINDING ARBITRATIONBUSINESS RELATIONSHIPSCASE BACKLOGSCOMMERCIAL MEDIATIONCONCESSIONSCONCILIATIONCONFIDENTIALITYCONTRACT ENFORCEMENTCORRUPTIONCOURTCOURT FILINGSCOURT PROCESSCOURT REFORMCOURT SYSTEMCOURT SYSTEMSCOURTSCREDITORSDISPOSITIONDISPUTEDISPUTESFINANCE CORPORATIONFOREIGN ARBITRAL AWARDSFOREIGN DIRECT INVESTMENTFOREIGN INVESTMENTFOREIGN INVESTORSFORMAL COURTINSOLVENCYINTANGIBLE BENEFITINTERNATIONAL ARBITRATIONINTERNATIONAL FINANCEINTERNATIONAL TRADE LAWINVESTMENT CLIMATEJUDGEJUDGESJUDICIAL SYSTEMJURISDICTIONSJURYJUSTICEJUSTICE SYSTEMLEGAL COSTSLEGAL SYSTEMLITIGANTSLITIGATIONLITIGATION COSTSMEDIATIONMEDIATORSNEUTRAL ARBITRATORNEUTRAL THIRD PARTYPRIVATE NEGOTIATIONSSETTLEMENTSTATE COURTSTRIALSWorld Bank10.1596/11055