More than Just Words : How the Africa Round Table is Enabling Meaningful Reforms across Africa

More than Just Words : How the Africa Round Table is Enabling Meaningful Reforms across Africa

This brief showcases the lessons learned from the Africa Round Table (ART), a collaborative forum that has brought together countries from east, west, and southern Africa. The forum has led to more than five distinct insolvency reforms that have helped strengthen countries' credit environments. By leveraging their joint capacities, IFC and the World Bank have helped Sub-Saharan African countries address the challenges of the financial crisis, strengthen ties across professions, and in the process create a guiding example for evoking lasting change in a country.

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Bibliographic Details
Main Authors: Uttamchandani, Mahesh, Menezes, Antonia
Language:English
en_US
Published: International Finance Corporation, Washington, DC 2013-10
Subjects:ACCESS TO CREDIT, ALTERNATIVE DISPUTE RESOLUTION, BANKING SECTOR, BANKRUPTCY, BANKRUPTCY PROFESSIONALS, BINDING CONSTRAINTS, BUSINESS CLIMATE, BUSINESS REGULATION, CODE OF CONDUCT, COMMERCIAL COURT, COMMERCIAL COURT JUDGE, COMMERCIAL DISPUTE, CONSUMER DEBT, COURT OF APPEAL, COURT RESTRUCTURING, CREDITORS, DEBT, DEBT DEFAULT, DEBT DEFAULTS, DEBT RECOVERY, DEBT RESOLUTION, DEFAULTS, DEVELOPMENT BANK, DEVELOPMENT OF INSOLVENCY, DISPUTE RESOLUTION, DOMESTIC CREDIT, ECONOMIC DEVELOPMENT, FINANCIAL CRISIS, FINANCIAL INSTITUTIONS, FINANCIAL SECTOR, GOING CONCERNS, HARMONIZATION, INSOLVENCY FRAMEWORK, INSOLVENCY LAW, INSOLVENCY MATTERS, INSOLVENCY PRACTITIONER, INSOLVENCY PRACTITIONERS, INSOLVENCY PROFESSIONALS, INSOLVENCY REFORM, INSOLVENCY REFORMS, INSOLVENCY REGIME, INSOLVENCY REGIMES, INSOLVENCY SYSTEM, INSOLVENCY SYSTEMS, INSOLVENT, INVESTMENT CLIMATE, JUDGES, LENDERS, LEVERAGE, LINE OF CREDIT, LOAN, NEW INSOLVENCY, NEW INSOLVENCY LAW, OUT-OF-COURT WORKOUT, PRIVATE SECTOR DEVELOPMENT, RECOVERY RATES, RECOVERY RATES FOR CREDITORS, RISK PREMIUMS, SMALL BUSINESSES, TECHNICAL ASSISTANCE, TRANSPARENCY, VIABLE BUSINESSES,
Online Access:http://documents.worldbank.org/curated/en/2013/10/18875446/more-just-words-africa-round-table-art-enabling-meaningful-reforms-across-africa
https://hdl.handle.net/10986/18690
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Summary:This brief showcases the lessons learned from the Africa Round Table (ART), a collaborative forum that has brought together countries from east, west, and southern Africa. The forum has led to more than five distinct insolvency reforms that have helped strengthen countries' credit environments. By leveraging their joint capacities, IFC and the World Bank have helped Sub-Saharan African countries address the challenges of the financial crisis, strengthen ties across professions, and in the process create a guiding example for evoking lasting change in a country.

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