"No way out": the lack of efficient insolvency regimes in the MENA region
AbstractThis 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.
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Bibliographic InfoPaper provided by The World Bank in its series Policy Research Working Paper Series with number 5609.
Date of creation: 01 Mar 2011
Date of revision:
Bankruptcy and Resolution of Financial Distress; Debt Markets; Deposit Insurance; Banks&Banking Reform; Investment and Investment Climate;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-04-02 (All new papers)
- NEP-ARA-2011-04-02 (MENA - Middle East & North Africa)
- NEP-IAS-2011-04-02 (Insurance Economics)
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