Working Paper
Bankruptcy Proceedings for Sovereign State Insolvency and their Effect on Capital Flows
The paper examines the main issues involved in translating domestic bankruptcy procedures to the sovereign context. It considers some of the principles by which domestic bankruptcy procedures operate, and the extent to which they apply to...
Working Paper
Insolvency and Debt Recovery Procedures in Economic Development
Insolvency and debt recovery procedures are as crucial to a well-performing financial sector as credit provision itself. They are even more important in Africa, where attempts are underway to create fully-fledged financial markets. For the financial...
Working Paper
Bankruptcy Proceedings for Sovereign State Insolvency
The paper examines the main issues involved in translating domestic bankruptcy procedures to the sovereign context. It considers some of the principles by which domestic bankruptcy procedures operate, and the extent to which they apply to...