This note is part of the series of COVID-19 Notes developed by the World Bank Group’s Equitable Growth, Finance, and Institutions (EFI) team. By highlighting concrete examples of insolvency and debt restructuring reforms undertaken in response to the COVID-19 pandemic as well as past crises, this note highlights the importance of sound insolvency and debt restructuring regimes which are lacking in many emerging markets. Countries with under-developed...
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2021/03/08
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Report
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191019
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1
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2024/06/10
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Disclosed
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Overview of Insolvency and Debt Restructuring Reforms in Response to the COVID-19 Pandemic and Past Financial Crises : Lessons for Emerging Markets
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