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World Bank Publications

Resolution of Financial Distress: An International Perspective on the Design of Bankruptcy Laws

Resolution of Financial Distress: An International Perspective on the Design of Bankruptcy Laws

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This book focuses on the principles of and practical approaches to addressing the public policy trade-off involved in systemic corporate and financial sector crises and the lessons learned from the changes taking place in bankruptcy frameworks around the world. It includes research on recent public policy initiatives for distress resolution or market-based restructuring.
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