Subnational Insolvency : Cross-Country Experiences And Lessons

Subnational Insolvency : Cross-Country Experiences And Lessons / Liu, Lili

Subnational insolvency is a reoccurring event in development, as demonstrated by historical and modern episodes of subnational defaults in both developed and developing countries. Insolvency procedures become more important as countries decentralize expenditure, taxation, and borrowing, and broaden...

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Bibliographic Details
Main Authors:Liu, Lili
Other Authors:Waibel, Michael
Format: Online-Resource
Language:English
Published:Washington, D.C : The World Bank, 2008
Subjects:
Access to Finance
Bankruptcy and Resolution of Financial Distress
Banks and Banking Reform
Credit markets
Debt
Debt Markets
Debt restructuring
Defaults
Finance and Financial Sector Development
Financial distress
Insolvency
Insolvency law
Insolvency mechanisms
Insolvency procedures
Public Disclosure
Strategic Debt Management
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