Publication:
Increasing Access to Credit through Reforming Secured Transactions in the MENA Region

Simple item page
dc.contributor.authorAlvarez de la Campa, Alejandro
dc.date.accessioned2012-03-19T18:01:25Z
dc.date.available2012-03-19T18:01:25Z
dc.date.issued2011-03-01
dc.description.abstractThis paper provides a comparative summary of secured transactions systems related to the use of movable property as collateral in the MENA region vis a vis international practices in countries with modern secured transactions systems. The paper sets out the importance of introducing reforms in the area of secured transactions with the objective of increasing access to credit for businesses, particularly SMEs. The MENA region clearly lags behind all other regions in the introduction of secured transactions reforms. The paper summarizes many of the weaknesses common across the region. The two main critical areas that need urgent reforms are the creation of modern secured transactions laws and electronic movable collateral registries, and the need to improve enforcement mechanisms for security interests in movable property.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110324112706
dc.identifier.doi10.1596/1813-9450-5613
dc.identifier.urihttps://hdl.handle.net/10986/3379
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5613
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO CREDIT
dc.subjectACCOUNT RECEIVABLES
dc.subjectACCOUNTS RECEIVABLE
dc.subjectARBITRATION
dc.subjectASSET VALUE
dc.subjectAUCTIONS
dc.subjectBAILIFFS
dc.subjectBANK ACCOUNT
dc.subjectBANK ACCOUNTS
dc.subjectBANK DEBT
dc.subjectBANK FINANCING
dc.subjectBANK LOANS
dc.subjectBANKRUPTCY
dc.subjectBANKRUPTCY LAWS
dc.subjectBANKRUPTCY PROCEDURES
dc.subjectBENEFICIARIES
dc.subjectBID
dc.subjectBIDS
dc.subjectBONDS
dc.subjectBORROWER
dc.subjectCAPITAL STOCK
dc.subjectCASH FLOW
dc.subjectCASH FLOWS
dc.subjectCENTRAL BANK
dc.subjectCHECKS
dc.subjectCIVIL CODE
dc.subjectCIVIL CODES
dc.subjectCIVIL LAW
dc.subjectCLAIMANTS
dc.subjectCOLLATERAL
dc.subjectCOLLATERAL AGREEMENTS
dc.subjectCOLLATERAL FOR LOANS
dc.subjectCOLLATERAL IN SATISFACTION
dc.subjectCOLLATERAL LAWS
dc.subjectCOLLATERAL REGISTRATION
dc.subjectCOLLATERAL REGISTRIES
dc.subjectCOLLATERAL REGISTRY
dc.subjectCOLLATERAL REQUIREMENTS
dc.subjectCOLLECTION PROCESSES
dc.subjectCOMMERCIAL CODE
dc.subjectCOMMERCIAL CODES
dc.subjectCOMMERCIAL LAW
dc.subjectCOMMERCIAL MORTGAGES
dc.subjectCOMMERCIAL REGISTRY
dc.subjectCOMMON LAW
dc.subjectCONSUMER GOODS
dc.subjectCORPORATE GOVERNANCE
dc.subjectCOURT ORDER
dc.subjectCREDIT ACCESS
dc.subjectCREDIT BUREAU
dc.subjectCREDIT BUREAUS
dc.subjectCREDIT DECISION
dc.subjectCREDIT ENHANCEMENT
dc.subjectCREDIT INFORMATION
dc.subjectCREDIT INFORMATION SYSTEM
dc.subjectCREDIT INFORMATION SYSTEMS
dc.subjectCREDIT LINES
dc.subjectCREDIT PROVIDERS
dc.subjectCREDIT SYSTEM
dc.subjectCREDITOR
dc.subjectCREDITOR PROTECTION
dc.subjectCREDITOR PROTECTIONS
dc.subjectCREDITORS
dc.subjectCREDITWORTHINESS
dc.subjectDEBT
dc.subjectDEBT COLLECTION
dc.subjectDEBT RECOVERY
dc.subjectDEBTOR
dc.subjectDEBTORS
dc.subjectDEBTS
dc.subjectDECENTRALIZATION
dc.subjectDEFAULTS
dc.subjectDERIVATIVE
dc.subjectDERIVATIVE PRODUCTS
dc.subjectDEVALUATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectDISPUTE RESOLUTION
dc.subjectDOMESTIC BANKS
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKET COUNTRIES
dc.subjectEMERGING MARKETS
dc.subjectENFORCEABILITY
dc.subjectENFORCEMENT MECHANISMS
dc.subjectENFORCEMENT OF SECURITY
dc.subjectENFORCEMENT PROCEDURES
dc.subjectENFORCEMENT PROCESS
dc.subjectENFORCEMENT SYSTEM
dc.subjectENFORCEMENT SYSTEMS
dc.subjectEQUIPMENT
dc.subjectESTATE
dc.subjectFAIR MARKET VALUE
dc.subjectFAIR VALUE
dc.subjectFINANCIAL INFRASTRUCTURE
dc.subjectFINANCIAL INSTITUTION
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL SECTOR REFORMS
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL SYSTEM STABILITY
dc.subjectFINANCIAL SYSTEMS
dc.subjectFLOATING PLEDGES
dc.subjectFORM OF COLLATERAL
dc.subjectFUTURE ASSETS
dc.subjectFUTURE DEBTS
dc.subjectFUTURES
dc.subjectHOLDING
dc.subjectHOUSING FINANCE
dc.subjectIMMOVABLE ASSETS
dc.subjectIMMOVABLE PROPERTY
dc.subjectINFORMATION ASYMMETRY
dc.subjectINFORMATION ON BORROWERS
dc.subjectINSTITUTIONAL FRAMEWORK
dc.subjectINSTITUTIONAL INFRASTRUCTURE
dc.subjectINSURANCE
dc.subjectINSURANCE POLICIES
dc.subjectINTANGIBLE
dc.subjectINTANGIBLE MOVABLE PROPERTY
dc.subjectINTANGIBLE PROPERTY
dc.subjectINTANGIBLES
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANK
dc.subjectINVENTORY
dc.subjectINVESTMENT CLIMATE
dc.subjectISLAMIC BANKS
dc.subjectISLAMIC FINANCE
dc.subjectISLAMIC LAW
dc.subjectJUDGMENT LIEN
dc.subjectJUDGMENT PROCEDURE
dc.subjectJUDICIAL AUCTION
dc.subjectJUDICIAL ENFORCEMENT
dc.subjectJUDICIAL PROCESS
dc.subjectJUDICIAL SYSTEM
dc.subjectJURISDICTION
dc.subjectJURISDICTIONS
dc.subjectLEGAL FRAMEWORKS
dc.subjectLEGAL REFORMS
dc.subjectLEGAL RIGHT
dc.subjectLEGAL RIGHTS
dc.subjectLEGAL SYSTEM
dc.subjectLENDER
dc.subjectLENDERS
dc.subjectLENDING DECISIONS
dc.subjectLEVEL OF CREDIT
dc.subjectLEVERAGE
dc.subjectLIENS
dc.subjectLINE OF CREDIT
dc.subjectLOAN
dc.subjectLOAN AGREEMENTS
dc.subjectLOAN DEFAULT
dc.subjectMARKET VALUE
dc.subjectMATURITY
dc.subjectMONETARY FUND
dc.subjectMORAL HAZARD
dc.subjectMORTGAGE
dc.subjectMORTGAGES
dc.subjectMOVABLE ASSET
dc.subjectMOVABLE ASSETS
dc.subjectMOVABLE COLLATERAL
dc.subjectMOVABLE PROPERTY
dc.subjectMOVABLE PROPERTY AS COLLATERAL
dc.subjectMOVABLE PROPERTY REGISTRIES
dc.subjectNEGOTIABLE INSTRUMENTS
dc.subjectNON-PERFORMING LOANS
dc.subjectNONPERFORMING LOANS
dc.subjectNOTARIES
dc.subjectORIGINAL ASSETS
dc.subjectORIGINAL CONTRACT
dc.subjectPAYMENT OF DEBTS
dc.subjectPLEDGES
dc.subjectPOSSESSORY SECURITY
dc.subjectPRIVATE CREDIT
dc.subjectPRIVATE CREDIT BUREAUS
dc.subjectPRIVATE ENFORCEMENT
dc.subjectPRIVATE PARTY
dc.subjectPRIVATE SALE
dc.subjectPRIVATE SALES
dc.subjectPRIVATE SECTOR CREDIT
dc.subjectPROPERTY RIGHTS
dc.subjectPROTECTION OF CREDITOR
dc.subjectPUBLIC ENFORCEMENT
dc.subjectPUBLIC RECORD
dc.subjectPUBLIC REGISTRY
dc.subjectREAL ESTATE AS COLLATERAL
dc.subjectRECEIVABLES FINANCING
dc.subjectREGISTRATION SYSTEM
dc.subjectREGISTRY SYSTEM
dc.subjectREGISTRY SYSTEMS
dc.subjectREGULATORY FRAMEWORKS
dc.subjectREPAYMENT
dc.subjectREPAYMENT PERIODS
dc.subjectREPOSSESSION
dc.subjectRETENTION OF TITLE
dc.subjectRIBA
dc.subjectRIGHTS TO PAYMENT
dc.subjectRISK MANAGEMENT
dc.subjectSALARIES
dc.subjectSALE OF ASSETS
dc.subjectSECURITIES
dc.subjectSECURITIES REGISTRATION
dc.subjectSECURITY AGREEMENT
dc.subjectSECURITY INTEREST
dc.subjectSECURITY INTERESTS
dc.subjectSEIZURE
dc.subjectSEIZURE OF ASSETS
dc.subjectSEIZURE PROCEDURE
dc.subjectSETTLEMENT
dc.subjectSTATUTORY LIEN
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCKS
dc.subjectTANGIBLE ASSETS
dc.subjectTANGIBLE MOVABLE PROPERTY
dc.subjectTAX
dc.subjectTOTAL DEBT
dc.subjectTRADE CREDIT
dc.subjectTRANSACTION
dc.subjectTRANSACTIONS LAW
dc.subjectTRANSACTIONS LAWS
dc.subjectTRANSACTIONS SYSTEM
dc.subjectTRANSACTIONS SYSTEMS
dc.subjectTRANSITION ECONOMIES
dc.subjectTRANSPARENCY
dc.subjectUNSECURED LOANS
dc.subjectVALUABLE ASSETS
dc.subjectWRITTEN CONTRACT
dc.titleIncreasing Access to Credit through Reforming Secured Transactions in the MENA Regionen
dspace.entity.typePublication
okr.crossref.titleIncreasing access to credit through reforming secured transactions in the MENA Region
okr.date.disclosure2011-03-01
okr.date.doiregistration2025-04-10T11:30:00.703816Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110324112706
okr.guid218541468110956148
okr.identifier.doi10.1596/1813-9450-5613
okr.identifier.externaldocumentum000158349_20110324112706
okr.identifier.internaldocumentum13958734
okr.identifier.reportWPS5613
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2011/03/24/000158349_20110324112706/Rendered/PDF/WPS5613.pdfen
okr.region.administrativeMiddle East and North Africa
okr.region.administrativeMiddle East and North Africa
okr.region.geographicalMiddle East and North Africa
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
WPS5613.pdf
Size:
1.41 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
WPS5613.txt
Size:
117.61 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers