the reduced earnings, work hours, and wages of these displaced workers can be attributed to factors specific to pre- and … deficit of displaced workers can be attributed roughly 40 percent to reduced hourly wages and 60 percent to reduce work hours … losses and nearly 25 percent of lower long-term hourly wages. For workers displaced from employers paying top …

preparedness of insolvency systems is measured according to a newly designed indicator that includes five dimensions of the … insolvency and restructuring regime (out-of-court restructuring, hybrid restructuring, reorganization, liquidation, and the … those countries need to step up efforts to improve their insolvency systems …