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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 …
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Big data can sound remote and lacking a human dimension, with few obvious links to development and impacting the lives of the poor. Concepts such as anti-poverty targeting, market access or rural electrification seem far more relevant - and easier to grasp. And yet some of today's most...
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Diversification of the financial sector has been one of the central features of China's recent and rapid economic growth. This book traces the development of China's Trust and Investment Companies (TICs), the most numerous non-bank financial institutions to emerge in China, and their link to the...
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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...
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