Measureable Results! Doing Business Project Encourages Economies to Reform Insolvency Frameworks

Over the past 10 years, nearly 100 economies have reformed their insolvency regimes as a result of many factors, such as financial crises and to some extent the International Finance Corporation, or IFC and World Bank doing business project. In the...

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Main Authors: Saltane, Valentina, Chen, Rong, Guzman, Nuria Moya
Format: Brief
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2013/01/17385480/measureable-results-doing-business-project-encourages-economies-reform-insolvency-frameworks
http://hdl.handle.net/10986/17042
id okr-10986-17042
recordtype oai_dc
spelling okr-10986-170422021-04-23T14:03:33Z Measureable Results! Doing Business Project Encourages Economies to Reform Insolvency Frameworks Saltane, Valentina Chen, Rong Guzman, Nuria Moya ASSET VALUE BANKRUPTCIES BANKRUPTCY BANKRUPTCY CASES BANKRUPTCY LAWS BANKRUPTCY SYSTEMS BEST PRACTICES BUSINESS REGULATIONS CASE BACKLOGS CASH FLOWS CERTIFICATE CHAPTER 7 COLLECTION EFFORTS COMMERCIAL OPERATIONS CREDITORS DEBT DEBTOR DEBTORS DISSOLUTION EFFICIENT JUDICIAL SYSTEM EMPLOYMENT PROSPECTS ENFORCEMENT MECHANISMS ENTREPRENEURIAL CULTURE ESTATE FINANCIAL CONDITIONS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL DIFFICULTIES FINANCIAL DISTRESS FINANCIAL INSTITUTIONS FINANCIAL SITUATION FORECLOSURE GOING CONCERN GOING CONCERNS INFORMATION ON BANKRUPTCY INNOVATION INSOLVENCY INSOLVENCY ADMINISTRATOR INSOLVENCY ADMINISTRATORS INSOLVENCY CASES INSOLVENCY COURTS INSOLVENCY FRAMEWORK INSOLVENCY FRAMEWORKS INSOLVENCY LAWS INSOLVENCY LEGAL FRAMEWORK INSOLVENCY PRACTITIONERS INSOLVENCY PROCEDURES INSOLVENCY PROCEEDING INSOLVENCY PROCEEDINGS INSOLVENCY REFORM INSOLVENCY REFORMS INSOLVENCY REGIME INSOLVENCY REGIMES INSOLVENCY RESOLUTION INSOLVENT INSOLVENT BUSINESSES INSOLVENT ESTATE INSOLVENT FIRM INSTITUTIONAL FRAMEWORK INTERNATIONAL TRADE INTERNATIONAL TRADE LAW INVESTMENT CLIMATE LEGAL FRAMEWORKS LEGISLATIVE GUIDE ON INSOLVENCY LAW LIQUIDATION LIQUIDATION PROCEEDING MARKET DEMAND MEDIUM ENTERPRISES NETWORKS NEW INSOLVENCY NEW INSOLVENCY LAW OBJECTIVE CRITERIA PREMATURE LIQUIDATION PRIVATE SECTOR PRIVATE SECTOR DEVELOPMENT PUBLIC INFORMATION REALIZATION OF ASSETS REALLOCATION OF RESOURCES RECOVERY RATE RECOVERY RATES REGIONAL LEVEL REGULATORY ENVIRONMENT REGULATORY FRAMEWORK REGULATORY REFORM REORGANIZATION REORGANIZATION OF FIRMS REORGANIZATION PROCEEDING REORGANIZATION PROCEEDINGS RESOLUTION MECHANISMS RESULT RESULTS SALE OF ASSETS SUFFICIENT EVIDENCE SUPPLY CHAINS SUSTAINABLE DEVELOPMENT TECHNICAL ASSISTANCE UNNECESSARY LIQUIDATION VIABLE BUSINESSES Over the past 10 years, nearly 100 economies have reformed their insolvency regimes as a result of many factors, such as financial crises and to some extent the International Finance Corporation, or IFC and World Bank doing business project. In the aftermath of the global financial crisis, governments around the world implemented extensive insolvency reforms aimed at strengthening regulatory mechanisms for resolving insolvency cases, to stimulate entrepreneurship and generate a more efficient allocation of market resources. This smart lesson discusses two of the main best practices that stem from the key reform areas: determination of business viability, and introduction of reorganization proceedings. 2014-02-12T19:46:29Z 2014-02-12T19:46:29Z 2013-01 http://documents.worldbank.org/curated/en/2013/01/17385480/measureable-results-doing-business-project-encourages-economies-reform-insolvency-frameworks http://hdl.handle.net/10986/17042 English en_US IFC smart lessons brief; CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank, Washington, DC Publications & Research :: Brief Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ASSET VALUE
BANKRUPTCIES
BANKRUPTCY
BANKRUPTCY CASES
BANKRUPTCY LAWS
BANKRUPTCY SYSTEMS
BEST PRACTICES
BUSINESS REGULATIONS
CASE BACKLOGS
CASH FLOWS
CERTIFICATE
CHAPTER 7
COLLECTION EFFORTS
COMMERCIAL OPERATIONS
CREDITORS
DEBT
DEBTOR
DEBTORS
DISSOLUTION
EFFICIENT JUDICIAL SYSTEM
EMPLOYMENT PROSPECTS
ENFORCEMENT MECHANISMS
ENTREPRENEURIAL CULTURE
ESTATE
FINANCIAL CONDITIONS
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL DIFFICULTIES
FINANCIAL DISTRESS
FINANCIAL INSTITUTIONS
FINANCIAL SITUATION
FORECLOSURE
GOING CONCERN
GOING CONCERNS
INFORMATION ON BANKRUPTCY
INNOVATION
INSOLVENCY
INSOLVENCY ADMINISTRATOR
INSOLVENCY ADMINISTRATORS
INSOLVENCY CASES
INSOLVENCY COURTS
INSOLVENCY FRAMEWORK
INSOLVENCY FRAMEWORKS
INSOLVENCY LAWS
INSOLVENCY LEGAL FRAMEWORK
INSOLVENCY PRACTITIONERS
INSOLVENCY PROCEDURES
INSOLVENCY PROCEEDING
INSOLVENCY PROCEEDINGS
INSOLVENCY REFORM
INSOLVENCY REFORMS
INSOLVENCY REGIME
INSOLVENCY REGIMES
INSOLVENCY RESOLUTION
INSOLVENT
INSOLVENT BUSINESSES
INSOLVENT ESTATE
INSOLVENT FIRM
INSTITUTIONAL FRAMEWORK
INTERNATIONAL TRADE
INTERNATIONAL TRADE LAW
INVESTMENT CLIMATE
LEGAL FRAMEWORKS
LEGISLATIVE GUIDE ON INSOLVENCY LAW
LIQUIDATION
LIQUIDATION PROCEEDING
MARKET DEMAND
MEDIUM ENTERPRISES
NETWORKS
NEW INSOLVENCY
NEW INSOLVENCY LAW
OBJECTIVE CRITERIA
PREMATURE LIQUIDATION
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PUBLIC INFORMATION
REALIZATION OF ASSETS
REALLOCATION OF RESOURCES
RECOVERY RATE
RECOVERY RATES
REGIONAL LEVEL
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY REFORM
REORGANIZATION
REORGANIZATION OF FIRMS
REORGANIZATION PROCEEDING
REORGANIZATION PROCEEDINGS
RESOLUTION MECHANISMS
RESULT
RESULTS
SALE OF ASSETS
SUFFICIENT EVIDENCE
SUPPLY CHAINS
SUSTAINABLE DEVELOPMENT
TECHNICAL ASSISTANCE
UNNECESSARY LIQUIDATION
VIABLE BUSINESSES
spellingShingle ASSET VALUE
BANKRUPTCIES
BANKRUPTCY
BANKRUPTCY CASES
BANKRUPTCY LAWS
BANKRUPTCY SYSTEMS
BEST PRACTICES
BUSINESS REGULATIONS
CASE BACKLOGS
CASH FLOWS
CERTIFICATE
CHAPTER 7
COLLECTION EFFORTS
COMMERCIAL OPERATIONS
CREDITORS
DEBT
DEBTOR
DEBTORS
DISSOLUTION
EFFICIENT JUDICIAL SYSTEM
EMPLOYMENT PROSPECTS
ENFORCEMENT MECHANISMS
ENTREPRENEURIAL CULTURE
ESTATE
FINANCIAL CONDITIONS
FINANCIAL CRISES
FINANCIAL CRISIS
FINANCIAL DIFFICULTIES
FINANCIAL DISTRESS
FINANCIAL INSTITUTIONS
FINANCIAL SITUATION
FORECLOSURE
GOING CONCERN
GOING CONCERNS
INFORMATION ON BANKRUPTCY
INNOVATION
INSOLVENCY
INSOLVENCY ADMINISTRATOR
INSOLVENCY ADMINISTRATORS
INSOLVENCY CASES
INSOLVENCY COURTS
INSOLVENCY FRAMEWORK
INSOLVENCY FRAMEWORKS
INSOLVENCY LAWS
INSOLVENCY LEGAL FRAMEWORK
INSOLVENCY PRACTITIONERS
INSOLVENCY PROCEDURES
INSOLVENCY PROCEEDING
INSOLVENCY PROCEEDINGS
INSOLVENCY REFORM
INSOLVENCY REFORMS
INSOLVENCY REGIME
INSOLVENCY REGIMES
INSOLVENCY RESOLUTION
INSOLVENT
INSOLVENT BUSINESSES
INSOLVENT ESTATE
INSOLVENT FIRM
INSTITUTIONAL FRAMEWORK
INTERNATIONAL TRADE
INTERNATIONAL TRADE LAW
INVESTMENT CLIMATE
LEGAL FRAMEWORKS
LEGISLATIVE GUIDE ON INSOLVENCY LAW
LIQUIDATION
LIQUIDATION PROCEEDING
MARKET DEMAND
MEDIUM ENTERPRISES
NETWORKS
NEW INSOLVENCY
NEW INSOLVENCY LAW
OBJECTIVE CRITERIA
PREMATURE LIQUIDATION
PRIVATE SECTOR
PRIVATE SECTOR DEVELOPMENT
PUBLIC INFORMATION
REALIZATION OF ASSETS
REALLOCATION OF RESOURCES
RECOVERY RATE
RECOVERY RATES
REGIONAL LEVEL
REGULATORY ENVIRONMENT
REGULATORY FRAMEWORK
REGULATORY REFORM
REORGANIZATION
REORGANIZATION OF FIRMS
REORGANIZATION PROCEEDING
REORGANIZATION PROCEEDINGS
RESOLUTION MECHANISMS
RESULT
RESULTS
SALE OF ASSETS
SUFFICIENT EVIDENCE
SUPPLY CHAINS
SUSTAINABLE DEVELOPMENT
TECHNICAL ASSISTANCE
UNNECESSARY LIQUIDATION
VIABLE BUSINESSES
Saltane, Valentina
Chen, Rong
Guzman, Nuria Moya
Measureable Results! Doing Business Project Encourages Economies to Reform Insolvency Frameworks
relation IFC smart lessons brief;
description Over the past 10 years, nearly 100 economies have reformed their insolvency regimes as a result of many factors, such as financial crises and to some extent the International Finance Corporation, or IFC and World Bank doing business project. In the aftermath of the global financial crisis, governments around the world implemented extensive insolvency reforms aimed at strengthening regulatory mechanisms for resolving insolvency cases, to stimulate entrepreneurship and generate a more efficient allocation of market resources. This smart lesson discusses two of the main best practices that stem from the key reform areas: determination of business viability, and introduction of reorganization proceedings.
format Publications & Research :: Brief
author Saltane, Valentina
Chen, Rong
Guzman, Nuria Moya
author_facet Saltane, Valentina
Chen, Rong
Guzman, Nuria Moya
author_sort Saltane, Valentina
title Measureable Results! Doing Business Project Encourages Economies to Reform Insolvency Frameworks
title_short Measureable Results! Doing Business Project Encourages Economies to Reform Insolvency Frameworks
title_full Measureable Results! Doing Business Project Encourages Economies to Reform Insolvency Frameworks
title_fullStr Measureable Results! Doing Business Project Encourages Economies to Reform Insolvency Frameworks
title_full_unstemmed Measureable Results! Doing Business Project Encourages Economies to Reform Insolvency Frameworks
title_sort measureable results! doing business project encourages economies to reform insolvency frameworks
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2013/01/17385480/measureable-results-doing-business-project-encourages-economies-reform-insolvency-frameworks
http://hdl.handle.net/10986/17042
_version_ 1764435229040181248