law increased the efficiency of the bankruptcy system in Colombia. "--World Bank web site …

and of income losses following a crisis. She tests the validity of "insurance" and "liquidity" models of currency crisis … a run on the central bank, or generate a run on the central bank once contingent liabilities exceed reserves and the …. "--World Bank web site …

risk management and resolution: Financial institutions over-rely on real estate as collateral. Pledges are not enough …

The Bank assessed the Mauritius insolvency and creditor rights systems pursuant to a joint IMF-World Bank initiative to … develop reports on the observance of standards and codes ("ROSC"), based on the Bank Principles and Guidelines for Effective …, corporate insolvency and credit risk management and resolution practices. Conclusions in this assessment are based largely on a …

liquidity in the financial system, partly caused by spending of oil receipts. In the face of persistent excess liquidity in the … financial system, the Central Bank of Nigeria (CBN) made numerous adjustments in the monetary policy framework and instruments …; however, these had a limited impact on monetary aggregates. A structural excess liquidity is a common feature in oil exporting …