Publication: Evaluating the efficiency of a bankruptcy reform

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Date
2009-05
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Published
2009-05
Author(s)
Love, Inessa
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.
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