Publication: Evaluating the efficiency of a bankruptcy reform
Date
2009-05
ISSN
Published
2009-05
Author(s)
Abstract
The current financial crisis has pushed
many firms to the brink of bankruptcy. A key policy question
is thus whether bankruptcy laws are efficient, in the sense
of allowing better firms to reorganize while liquidating
unviable firms. The sixth in impact series presents lessons
from a reform in Colombia that achieved this objective.
Citation
“Gine, Xavier; Love, Inessa. 2009. Evaluating the efficiency of a
bankruptcy reform. Finance & PSD Impact; No. 6. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/cfb6d3d7-36ee-579f-9bf1-49765088260a License: CC BY 3.0 IGO.”