Institute of Insolvency in Russia: Demand, Trends and Major Problems

Yuri Simachev

Voprosy Ekonomiki, 2003, issue 4

Abstract: The article discusses key issues of the insolvency (bankruptcy) institute development in Russia as an important element of market economy. Main accents are made on economic and institutional factors that determine specific features of insolvency procedures in Russia and its consequences for the national economy. The structure of the demand for insolvency is evaluated. The evaluation is based on the arbitrage courts' statistics and enterprise survey data. Discussion of major problems that arise during transition to civilized insolvency system and are conditioned by institutional limitations and established motivations for bankruptcy concludes the article.

Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2003:id:2021

DOI: 10.32609/0042-8736-2003-4-62-82

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