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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 personal and family life of the owner-operator(s) of such businesses, raising particular concerns that apply much less frequently in the context of corporate insolvency. This report...

Persistent link: https://www.econbiz.de/10012645571

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

Bulgaria Report on the Observance of Standards and Codes : Insolvency and Creditor-Debtor Regimes

World Bank Group - 2016

procedures relevant to bankruptcy, restructuring, the creation and enforcement of pledges and other security interests over … institutions governing security rights over both immovable and movable assets need improvement. The bankruptcy legislation is …

Persistent link: https://www.econbiz.de/10012247258

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 significant part of the global economy - and just as there are large numbers of MSMEs, there are large numbers of MSME insolvencies. However, there are a very few specialized...

Persistent link: https://www.econbiz.de/10012247946

Latin American Insolvency Systems. A Comparative Assessment.

Rowat, M.; Astigarraga, J. - World Bank Group - 1999

enacted benign modern laws in the area of bankruptcy. Unscrupulous merchants now use these benign laws for fraudulent purposes … about the important legal and institutional issues that are involved in bankruptcy reform in a critical region of the global … economy. The authors note that effective bankruptcy policy balances several requirements for the conduct of a stable …

Persistent link: https://www.econbiz.de/10005670000