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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 …
Persistent link: https://www.econbiz.de/10005670000
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
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
The main objective of this report is to evaluate World Bank lending for small enterprises between FY89 and FY93, including both small and medium enterprises and microenterprises. There has been a marked shift in the Bank's work in this area, and this review details the nature and content of this...
Persistent link: https://www.econbiz.de/10005639100
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
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
This report provides an overview of the demand and supply side of MSME finance as well as certain aspects of the enabling environment. A detailed analysis of the financial sector infrastructure for MSME financing and the secured transactions framework was outside of the scope of this report but...
Persistent link: https://www.econbiz.de/10012647014
Agricultural transformation that involves the production of high-value food products and post-harvest processing is high on the policy agenda in many developing countries. A surge in the demand for high value and processed food products observed in Asia and Latin America is also happening in...
Persistent link: https://www.econbiz.de/10012544703
This study aims to explore ways in which key competencies of the oil and gas industry could be leveraged to support the diversification of the Chadian economy. The analysis focused on identifying opportunities and prioritizing core competencies in specific segments of the oil and gas value chain...
Persistent link: https://www.econbiz.de/10012642782
This report aims to deepen the understanding of barriers to and incentives for the acceptance and use of electronic payments, from the perspective of micro, small and medium retailers (merchants). Developing and accelerating acceptance of electronic payments by these merchants is essential to...
Persistent link: https://www.econbiz.de/10012644350