Reinventing insolvency law in emerging economies
Gurrea-Martinez, Aurelio
Reinventing insolvency law in emerging economies - New York Cambridge University Press 2024 - xxx, 309 p.
This book explains how and why insolvency law in emerging economies needs to be reinvented. It starts by examining the importance of insolvency law for the promotion of economic growth as well as the similarities and divergences in the design of insolvency law around the world. The central thesis of the book is that insolvency law in emerging economies fails to serve as a catalyst for growth. It is argued that this failure is mainly due to the design of an insolvency legislation that is not tailored to the market and institutional environment generally existing in emerging economies. The book also provides a critical analysis of the design of insolvency law in many advanced economies where the insolvency system has proven to be unattractive for debtors, creditors or both. Therefore, in addition to suggesting a new insolvency framework for emerging economies, this book ultimately invites readers to rethink insolvency law.
(https://www.cambridge.org/in/universitypress/subjects/law/corporate-law/reinventing-insolvency-law-emerging-economies?format=HB&isbn=9781009431712)
9781009431712
Bankruptcy--Developing countries
Bank failures--Law and legislation
Economic development--Developing countries
346.172 / GUR
Reinventing insolvency law in emerging economies - New York Cambridge University Press 2024 - xxx, 309 p.
This book explains how and why insolvency law in emerging economies needs to be reinvented. It starts by examining the importance of insolvency law for the promotion of economic growth as well as the similarities and divergences in the design of insolvency law around the world. The central thesis of the book is that insolvency law in emerging economies fails to serve as a catalyst for growth. It is argued that this failure is mainly due to the design of an insolvency legislation that is not tailored to the market and institutional environment generally existing in emerging economies. The book also provides a critical analysis of the design of insolvency law in many advanced economies where the insolvency system has proven to be unattractive for debtors, creditors or both. Therefore, in addition to suggesting a new insolvency framework for emerging economies, this book ultimately invites readers to rethink insolvency law.
(https://www.cambridge.org/in/universitypress/subjects/law/corporate-law/reinventing-insolvency-law-emerging-economies?format=HB&isbn=9781009431712)
9781009431712
Bankruptcy--Developing countries
Bank failures--Law and legislation
Economic development--Developing countries
346.172 / GUR