Innovations in Bankruptcy—Pricing the Priority of Insolvency Claims
Following the wave of recent financial turmoil, many developing countries have learned the value of an effective bankruptcy system in deterring excessive use of debt and providing an orderly way to resolve a debt crisis. As a result, they are now r...
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Format: | Viewpoint |
Language: | English |
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World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/1999/09/2531715/innovations-bankruptcy-pricing-priority-insolvency-claims http://hdl.handle.net/10986/11464 |