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Resolving insolvency : the challenges of successfully implementing insolvency reforms (英语)

Access to finance is key to the development of the private sector. Lenders need tools to assess not only the risk of non-repayment but also what happens if a debtor cannot repay debts as they mature. A good insolvency framework - one with clear rules, that efficiently rehabilitates viable companies and liquidates non-viable ones - provides entrepreneurs and lenders with tools to evaluate the consequences of a worst-case scenario. Providing corporate...
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