Creditor Rights and the Credit Market: Where Do We Stand?
This paper reviews empirical evidence on the impact of creditor rights regulations on credit market breadth and the credit cycle. It confirms results that were questioned regarding the impact of creditor rights regulations on the size of credit markets, and shows that the degree to which creditors are protected has a significant impact on the potential size of credit crunches.Simulations suggest that the average credit to GDP ratio for Latin America could be doubled if creditor rights regulations were put in place and law enforcement increased to developing country levels.
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Format: | Working Papers biblioteca |
Language: | English |
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Inter-American Development Bank
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Subjects: | Microbusiness, Financial Market, credit market;WP-448;credit control;debtor and creditor;finance companies, |
Online Access: | http://dx.doi.org/10.18235/0010792 https://publications.iadb.org/en/creditor-rights-and-credit-market-where-do-we-stand |
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dig-bid-node-99032024-05-30T20:21:26ZCreditor Rights and the Credit Market: Where Do We Stand? 2001-03-16T00:00:00+0000 http://dx.doi.org/10.18235/0010792 https://publications.iadb.org/en/creditor-rights-and-credit-market-where-do-we-stand Inter-American Development Bank Microbusiness Financial Market credit market;WP-448;credit control;debtor and creditor;finance companies This paper reviews empirical evidence on the impact of creditor rights regulations on credit market breadth and the credit cycle. It confirms results that were questioned regarding the impact of creditor rights regulations on the size of credit markets, and shows that the degree to which creditors are protected has a significant impact on the potential size of credit crunches.Simulations suggest that the average credit to GDP ratio for Latin America could be doubled if creditor rights regulations were put in place and law enforcement increased to developing country levels. Inter-American Development Bank Arturo Galindo Working Papers application/pdf IDB Publications Latin America en |
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biblioteca |
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America del Norte |
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Biblioteca Felipe Herrera del BID |
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Microbusiness Financial Market credit market;WP-448;credit control;debtor and creditor;finance companies Microbusiness Financial Market credit market;WP-448;credit control;debtor and creditor;finance companies |
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Microbusiness Financial Market credit market;WP-448;credit control;debtor and creditor;finance companies Microbusiness Financial Market credit market;WP-448;credit control;debtor and creditor;finance companies Inter-American Development Bank Creditor Rights and the Credit Market: Where Do We Stand? |
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This paper reviews empirical evidence on the impact of creditor rights regulations on credit market breadth and the credit cycle. It confirms results that were questioned regarding the impact of creditor rights regulations on the size of credit markets, and shows that the degree to which creditors are protected has a significant impact on the potential size of credit crunches.Simulations suggest that the average credit to GDP ratio for Latin America could be doubled if creditor rights regulations were put in place and law enforcement increased to developing country levels. |
author2 |
Arturo Galindo |
author_facet |
Arturo Galindo Inter-American Development Bank |
format |
Working Papers |
topic_facet |
Microbusiness Financial Market credit market;WP-448;credit control;debtor and creditor;finance companies |
author |
Inter-American Development Bank |
author_sort |
Inter-American Development Bank |
title |
Creditor Rights and the Credit Market: Where Do We Stand? |
title_short |
Creditor Rights and the Credit Market: Where Do We Stand? |
title_full |
Creditor Rights and the Credit Market: Where Do We Stand? |
title_fullStr |
Creditor Rights and the Credit Market: Where Do We Stand? |
title_full_unstemmed |
Creditor Rights and the Credit Market: Where Do We Stand? |
title_sort |
creditor rights and the credit market: where do we stand? |
publisher |
Inter-American Development Bank |
url |
http://dx.doi.org/10.18235/0010792 https://publications.iadb.org/en/creditor-rights-and-credit-market-where-do-we-stand |
work_keys_str_mv |
AT interamericandevelopmentbank creditorrightsandthecreditmarketwheredowestand |
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1809106616890425344 |