showed an inert performance. The state’s policies have helped the flow of finance and prevent bankruptcy, but several other …

(NPLs) in several European countries. Small and medium-size enterprises (SMEs) represent a significant and weak segment of … the nonfinancial corporate sector. SMEs face a number of legal, financial, and regulatory challenges to restructuring that … differ from those of larger corporates, such as a rigid and costly insolvency regime, a higher fixed cost to loan …

the household and SMEs sectors could affect this process. The first section of the paper discusses implications of global … households and SMEs for the rebalancing process. The last section concludes with policy recommendations. …

area of corporate insolvency, the Enterprise Bankruptcy Law and the Law on Restructuring of Enterprises are generally …This Technical Note discusses key findings of the insolvency and creditor rights assessment for Lithuania. Lithuania …

This paper provides an overview of key elements of Corporate Bankruptcy Codes and Practice around the world that are … relevant to the debate on Sovereign Debt Restructuring. It highlights four components common to most bankruptcy reorganization …

This paper examines access to business finance by Canadian small and medium-sized enterprises (SMEs) and to housing … SMEs. The paper also finds the market for housing finance to be highly advanced and sophisticated. However, non …