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Reinventing insolvency law in emerging economies

By: Material type: TextTextPublication details: Cambridge University Press New York 2024Description: xxx, 309 pISBN:
  • 9781009431712
Subject(s): DDC classification:
  • 346.172 GUR
Summary: 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)
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Item type Current library Collection Call number Copy number Status Date due Barcode
Book Book Indian Institute of Management LRC General Stacks Public Policy & General Management 346.172 GUR (Browse shelf(Opens below)) 1 Available 007705

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)

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