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Saving Entrepreneurs, Saving Enterprises : Proposals on the Treatment of MSME Insolvency
World Bank Group - 2018
Micro and small enterprise (MSME) insolvency is particularly likely to impact not only the business, but also the … frequently in the context of corporate insolvency. This report refines and expands on the earlier deliberations of the Insolvency … and Creditor or Debtor Regimes Task Force (ICR Task Force) regarding the optimal approaches for treating MSME insolvency …
Persistent link: https://www.econbiz.de/10012645571
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Household Over-Indebtedness in Russia
World Bank Group - 2019
In the last three years, household debt has risen by a third as disposable income declined. Declining interest rates, ease of access to credit for consumers and poorly regulated microfinance lending practices led to fast growth in consumer debt. Consumer lending in the banking and microfinance...
Persistent link: https://www.econbiz.de/10012646968
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Bulgaria Report on the Observance of Standards and Codes : Insolvency and Creditor-Debtor Regimes
World Bank Group - 2016
The World Bank Group assessed the insolvency and creditor/debtor regimes ('ICR') of Bulgaria pursuant to the joint IMF … rather comprehensive but in practice insolvency proceedings are not working effectively. This report tries to contribute to …
Persistent link: https://www.econbiz.de/10012247258
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Report on the Treatment of MSME Insolvency
World Bank Group - 2017
Micro, small, and medium enterprises (MSMEs) are among the largest commercial users of insolvency systems. MSMEs are a … insolvencies. However, there are a very few specialized legal regimes for MSME insolvency; most jurisdictions treat MSME … challenges of MSME insolvency; and considers if existing international standards are sufficient to address MSME insolvency …
Persistent link: https://www.econbiz.de/10012247946
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Morocco Economic Monitor, Fall 2023 : From Resilience to Shared Prosperity
World Bank Group - 2023
The Moroccan economy is recovering. Following a sharp deceleration in 2022 caused by various overlapping commodity and climatic shocks, economic growth increased to 2.9 percent in the first semester of 2023, driven primarily by services and net exports. Inflation has halved between February and...
Persistent link: https://www.econbiz.de/10014454185
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Western Balkans Regular Economic Report No.24, Fall 2023 : Toward Sustainable Growth
World Bank Group - 2023
In the context of weakening global demand, growth in the Western Balkans decelerated over the course of 2022 and into 2023. Against the background of the lasting effects of shocks from Russia's invasion of Ukraine, sticky inflation, and tighter financial conditions, global demand has been...
Persistent link: https://www.econbiz.de/10014454276
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Malaysia Economic Monitor, October 2023 : Raising the Tide, Lifting All Boats
World Bank Group - 2023
Global economic activity registered resilient growth in early 2023 but is losing momentum. Advanced economies growth slowed less-than-anticipated inearly 2023 as tight labor markets drove wages up, preventing a sharp decline in consumption. However, global growth slowed slightly in Q2 2023, with...
Persistent link: https://www.econbiz.de/10014454310
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Jordan Economic Monitor, Fall 2023 - Building Success, Breaking Barriers : Unlocking the Economic Power of Women in Jordan
World Bank Group - 2023
Jordan's real growth registered 2.4 percent in 2022 and has accelerated to 2.7 percent in H1-2023, compared to a pre-COVID-19 (2012-2019) average of 2.4 percent. Growth was supported by the services sector, agriculture sector, in addition to a robust contribution from agriculture. Inflation...
Persistent link: https://www.econbiz.de/10014454371
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Tunisia Economic Monitor, Fall 2023 : Migration Amid a Challenging Economic Context
World Bank Group - 2023
Migration will likely become increasingly important for Tunisia in terms of both inflows and outflows, given the demographic transition in both Tunisia and Europe. As such Tunisia can work (also with partner countries) to maximize the benefits of migration. As a country of mainly emigration,...
Persistent link: https://www.econbiz.de/10014454400
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China Economic Update, December 2023 : Which Way Forward? Navigating China's Post-Pandemic Growth Path
World Bank Group - 2024
Economic activity in China has picked up in 2023, but the recovery remains fragile. Real GDP growth accelerated to 5.2 percent y/y in the first three quarters of 2023, driven by demand for services, resilient manufacturing investment, and public infrastructure stimulus. The initial phase of...
Persistent link: https://www.econbiz.de/10014495447