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"No way out": the lack of efficient insolvency regimes in the MENA region

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  • Uttamchandani, Mahesh

Abstract

This 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.

Suggested Citation

  • Uttamchandani, Mahesh, 2011. ""No way out": the lack of efficient insolvency regimes in the MENA region," Policy Research Working Paper Series 5609, The World Bank.
  • Handle: RePEc:wbk:wbrwps:5609
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    Keywords

    Bankruptcy and Resolution of Financial Distress; Debt Markets; Deposit Insurance; Banks&Banking Reform; Investment and Investment Climate;
    All these keywords.

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