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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...
Persistent link: https://www.econbiz.de/10012645571
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
The World Bank Group assessed the insolvency and creditor/debtor regimes ('ICR') of Bulgaria pursuant to the joint IMF/World Bank initiative on the observance of standards and codes ('ROSC'). The assessment has been undertaken on the basis of the ICR Standard. The conclusions in this assessment...
Persistent link: https://www.econbiz.de/10012247258
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
expenditures and financial risks. Understanding the impacts of disaster risk on sovereign assets and liabilities plays a key part … in understanding the potential impact of sovereign disaster risk finance strategies which allow governments to reduce the … to financial shocks posed by disaster risk through improved understanding of the impacts of disaster risk on both sides …
Persistent link: https://www.econbiz.de/10012700730
The Kenyan government remains committed to a planned fiscal consolidation pathway, which should help contain public debt stock at a sustainable level. Nonetheless, there are significant challenges stemming from a slowdown in revenue collection, a growing demand for transfers to county...
Persistent link: https://www.econbiz.de/10012646367
Breakthroughs in information and communication technology (ICT) increasingly offer new tools to support disaster risk … framework became a critical factor to strengthen resilience. As a nation with high levels of disaster risk and technological …
Persistent link: https://www.econbiz.de/10012646677
The Coronavirus 2019 (COVID-19) crisis is unique and requires tough policy choices for managing the public sector wage bill to best achieve the difficult balance between fiscal consolidation, protection of lives and livelihoods, service delivery, and job restoration. In the emergency phase, the...
Persistent link: https://www.econbiz.de/10012647433
This document is intended for use by government agencies in emerging markets and developing economies (EMDEs), in order to assist them in incorporating climate-related risks and opportunities in the preliminary preparation stages of renewable energy (solar and wind) infrastructure projects...
Persistent link: https://www.econbiz.de/10014579252
This toolkit contains a set of tools covering the major climate entry points (identification of risks, incorporation of climate considerations in the project selection, and appraisal of climate effects in the project's economics), using as inputs the preliminary project data as well as readily...
Persistent link: https://www.econbiz.de/10014579549