"No way out": the lack of efficient insolvency regimes in the MENA region
Mahesh Uttamchandani
No 5609, Policy Research Working Paper Series from The World Bank
Abstract:
This paper provides a comparative summary of the payout phase of insolvency systems in the MENA Region. Countries in the region generally have weaker restructuring and liquidation systems than those in most other regions. The paper summarizes many of the weaknesses common across the region.
Keywords: Bankruptcy and Resolution of Financial Distress; Debt Markets; Deposit Insurance; Banks&Banking Reform; Investment and Investment Climate (search for similar items in EconPapers)
Date: 2011-03-01
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:5609
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