Principles for Effective Insolvency and Creditor/Debtor Regimes, 2021 Edition

Effective creditor and debtor rights and insolvency systems are an important element of financial system stability. The World Bank Group accordingly has been working with partner organizations to develop principles for insolvency and creditor and d...

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Main Author:	World Bank
Format:	Report
Language:	English
Published:	World Bank, Washington, DC 2021
Subjects:	SMALL AND MEDIUM-SIZED ENTERPRISES INSOLVENCY MICROENTERPRISES INSOLVENCY LAW RISK MANAGEMENT CREDIT RIGHTS DEBTOR RIGHTS REGULATORY FRAMEWORK INVESTMENT CLIMATE CORPORATE WORKOUT DEBT RESOLUTION
Online Access:	http://documents.worldbank.org/curated/en/391341619072648570/Principles-for-Effective-Insolvency-and-Creditor-and-Debtor-Regimes http://hdl.handle.net/10986/35506

id	okr-10986-35506
recordtype	oai_dc
spelling	okr-10986-355062021-06-14T09:53:11Z Principles for Effective Insolvency and Creditor/Debtor Regimes, 2021 Edition World Bank SMALL AND MEDIUM-SIZED ENTERPRISES INSOLVENCY MICROENTERPRISES SMALL AND MEDIUM-SIZED ENTERPRISES INSOLVENCY LAW RISK MANAGEMENT CREDIT RIGHTS DEBTOR RIGHTS REGULATORY FRAMEWORK INVESTMENT CLIMATE CORPORATE WORKOUT DEBT RESOLUTION Effective creditor and debtor rights and insolvency systems are an important element of financial system stability. The World Bank Group accordingly has been working with partner organizations to develop principles for insolvency and creditor and debtor rights systems. The principles for effective insolvency and creditor and debtor regimes are a distillation of international best practice on design aspects of these systems, emphasizing contextual, integrated solutions and the policy choices involved in developing those solutions. The principles have been designed as a broad-spectrum assessment tool to assist countries in their efforts to evaluate and improve core aspects of their commercial law systems that are fundamental to a sound investment climate, and to promote commerce and economic growth. Efficient, reliable, and transparent creditor and debtor regimes and insolvency systems are of key importance for the reallocation of productive resources in the corporate sector, for investor confidence, and for forward-looking corporate restructuring. 2021-04-26T20:37:48Z 2021-04-26T20:37:48Z 2021-04-22 Report http://documents.worldbank.org/curated/en/391341619072648570/Principles-for-Effective-Insolvency-and-Creditor-and-Debtor-Regimes http://hdl.handle.net/10986/35506 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Report Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	SMALL AND MEDIUM-SIZED ENTERPRISES INSOLVENCY MICROENTERPRISES SMALL AND MEDIUM-SIZED ENTERPRISES INSOLVENCY LAW RISK MANAGEMENT CREDIT RIGHTS DEBTOR RIGHTS REGULATORY FRAMEWORK INVESTMENT CLIMATE CORPORATE WORKOUT DEBT RESOLUTION
spellingShingle	SMALL AND MEDIUM-SIZED ENTERPRISES INSOLVENCY MICROENTERPRISES SMALL AND MEDIUM-SIZED ENTERPRISES INSOLVENCY LAW RISK MANAGEMENT CREDIT RIGHTS DEBTOR RIGHTS REGULATORY FRAMEWORK INVESTMENT CLIMATE CORPORATE WORKOUT DEBT RESOLUTION World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes, 2021 Edition
description	Effective creditor and debtor rights and insolvency systems are an important element of financial system stability. The World Bank Group accordingly has been working with partner organizations to develop principles for insolvency and creditor and debtor rights systems. The principles for effective insolvency and creditor and debtor regimes are a distillation of international best practice on design aspects of these systems, emphasizing contextual, integrated solutions and the policy choices involved in developing those solutions. The principles have been designed as a broad-spectrum assessment tool to assist countries in their efforts to evaluate and improve core aspects of their commercial law systems that are fundamental to a sound investment climate, and to promote commerce and economic growth. Efficient, reliable, and transparent creditor and debtor regimes and insolvency systems are of key importance for the reallocation of productive resources in the corporate sector, for investor confidence, and for forward-looking corporate restructuring.
format	Report
author	World Bank
author_facet	World Bank
author_sort	World Bank
title	Principles for Effective Insolvency and Creditor/Debtor Regimes, 2021 Edition
title_short	Principles for Effective Insolvency and Creditor/Debtor Regimes, 2021 Edition
title_full	Principles for Effective Insolvency and Creditor/Debtor Regimes, 2021 Edition
title_fullStr	Principles for Effective Insolvency and Creditor/Debtor Regimes, 2021 Edition
title_full_unstemmed	Principles for Effective Insolvency and Creditor/Debtor Regimes, 2021 Edition
title_sort	principles for effective insolvency and creditor/debtor regimes, 2021 edition
publisher	World Bank, Washington, DC
publishDate	2021
url	http://documents.worldbank.org/curated/en/391341619072648570/Principles-for-Effective-Insolvency-and-Creditor-and-Debtor-Regimes http://hdl.handle.net/10986/35506
_version_	1764483176195948544

Principles for Effective Insolvency and Creditor/Debtor Regimes, 2021 Edition

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