Reforms in creditor rights tend to increase the availability and reduce the cost of credit in countries where court enforcement is quick and fair.

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Reforms that improve creditor rights, such as efficient court enforcement, can increase the availability of credit and lower borrowing costs in countries where enforcement is reliable and effective. This is because lenders have greater confidence that they can recover their funds if a borrower defaults, reducing their risk and allowing them to offer more favorable loan terms.

Reforms in Creditor Rights Tend to Increase the Availability and Reduce