Countries with intermediate levels of institutional quality suffer larger output contractions following sudden stops of capital inflows than less developed nations. However, countries with strong institutions seldom experience significant falls in output after capital flow reversals. We...

This chapter examines cross-border insolvency law and practice of financial institutions in the post-global financial crisis era. Three largest economies are studied, namely, the United States of America (U.S.), the European Union (EU), and mainland China. Each jurisdiction represents a...