The 2008 financial crisis and consequent rise in corporate insolvencies highlight the clear need for efficient bankruptcy systems to liquidate unviable firms and reorganize viable ones and to do so in a way that maximizes the proceeds for creditors, shareholders, employees, and other...

The World Bank Group Entrepreneurship Survey continues to extend our knowledge of the importance of entrepreneurship for a dynamic economy. In its second year, with more countries participating, the survey again shows a strong relationship between entrepreneurship, the business environment, and...

Entrepreneurship is important for the continued dynamism of modern economies and for job creation. Policymakers need to know how new firms get started and what financial and institutional factors promote entrepreneurial activity. A new cross-country, time-series data set shows a strong...