authorities have been distributed over creditors, depositors, owners and the population at large in transition and emerging … economies, this paper explores a number of regulatory reforms that would alter the balance between seeking to avoid insolvency … and lowering the costs of insolvency should it occur. In particular it considers whether a lex specialis for dealing with …

This paper examines the determinants of the rate of forced insolvency in New Zealand. The study incorporates two key … variety of economic experiences over the sample period (1988–2003). Second, we explain the total rate of forced insolvency in …

The tax office wins most cases in Japan. We think about why this might be. We find that although judges who rule in …

Conviction rates in Japan exceed 99 percent -- why? On the one hand, because Japanese prosecutors are badly …

This paper examines the exchange rate pass-through to yen based manufactured import prices of Japan using asymmetric … shown that the recession in Japan in the 1990s has significantly affected the exchange rate passthrough relationship …