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The institutions of bankruptcy have been at the center of the great economic events of the last decade, ranging from … methods of beneficial legal reform of bankruptcy procedures, as well as the pitfalls of misguided political action. The study …
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We provide the first comprehensive cost-benefit analysis of government-led reorganization programs for financially distressed firms in transition economies. The study is based on empirical evidence on the programs in Albania, Arinenia, Bulgaria, FYR Macedonia, Romania, Kazakhstan, Kyrgyz...
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