Report on the Treatment of MSME Insolvency

Micro, small, and medium enterprises (MSMEs) are among the largest commercial users of insolvency systems. MSMEs are a significant part of the global economy – and just as there are large numbers of MSMEs, there are large numbers of MSME insolvencies. However, there are a very few specialized legal regimes for MSME insolvency; most jurisdictions treat MSME insolvencies the same as for other corporate entities, or conversely, natural persons, despite MSMEs' unique attributes. This report considers the specific challenges of insolvent MSMEs (including the difficulties of defining MSMEs and distinguishing them from large corporate entities); reviews and analyzes how legislation in different jurisdictions deals with the challenges of MSME insolvency; and considers if existing international standards are sufficient to address MSME insolvency.

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Bibliographic Details
Main Author: World Bank Group
Format: Report biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2017-05
Subjects:INSOLVENCY, BANKRUPTCY, CREDITOR REGIMES, BANKING REFORM, MSMEs, MICROENTERPRISE, SMALL AND MEDIUM ENTERPRISE,
Online Access:http://documents.worldbank.org/curated/en/973331494264489956/Report-on-the-treatment-of-MSME-insolvency
http://hdl.handle.net/10986/26709
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spelling dig-okr-10986267092021-06-14T10:09:52Z Report on the Treatment of MSME Insolvency World Bank Group INSOLVENCY BANKRUPTCY CREDITOR REGIMES BANKING REFORM MSMEs MICROENTERPRISE SMALL AND MEDIUM ENTERPRISE Micro, small, and medium enterprises (MSMEs) are among the largest commercial users of insolvency systems. MSMEs are a significant part of the global economy – and just as there are large numbers of MSMEs, there are large numbers of MSME insolvencies. However, there are a very few specialized legal regimes for MSME insolvency; most jurisdictions treat MSME insolvencies the same as for other corporate entities, or conversely, natural persons, despite MSMEs' unique attributes. This report considers the specific challenges of insolvent MSMEs (including the difficulties of defining MSMEs and distinguishing them from large corporate entities); reviews and analyzes how legislation in different jurisdictions deals with the challenges of MSME insolvency; and considers if existing international standards are sufficient to address MSME insolvency. 2017-05-22T21:21:54Z 2017-05-22T21:21:54Z 2017-05 Report http://documents.worldbank.org/curated/en/973331494264489956/Report-on-the-treatment-of-MSME-insolvency http://hdl.handle.net/10986/26709 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
en_US
topic INSOLVENCY
BANKRUPTCY
CREDITOR REGIMES
BANKING REFORM
MSMEs
MICROENTERPRISE
SMALL AND MEDIUM ENTERPRISE
INSOLVENCY
BANKRUPTCY
CREDITOR REGIMES
BANKING REFORM
MSMEs
MICROENTERPRISE
SMALL AND MEDIUM ENTERPRISE
spellingShingle INSOLVENCY
BANKRUPTCY
CREDITOR REGIMES
BANKING REFORM
MSMEs
MICROENTERPRISE
SMALL AND MEDIUM ENTERPRISE
INSOLVENCY
BANKRUPTCY
CREDITOR REGIMES
BANKING REFORM
MSMEs
MICROENTERPRISE
SMALL AND MEDIUM ENTERPRISE
World Bank Group
Report on the Treatment of MSME Insolvency
description Micro, small, and medium enterprises (MSMEs) are among the largest commercial users of insolvency systems. MSMEs are a significant part of the global economy – and just as there are large numbers of MSMEs, there are large numbers of MSME insolvencies. However, there are a very few specialized legal regimes for MSME insolvency; most jurisdictions treat MSME insolvencies the same as for other corporate entities, or conversely, natural persons, despite MSMEs' unique attributes. This report considers the specific challenges of insolvent MSMEs (including the difficulties of defining MSMEs and distinguishing them from large corporate entities); reviews and analyzes how legislation in different jurisdictions deals with the challenges of MSME insolvency; and considers if existing international standards are sufficient to address MSME insolvency.
format Report
topic_facet INSOLVENCY
BANKRUPTCY
CREDITOR REGIMES
BANKING REFORM
MSMEs
MICROENTERPRISE
SMALL AND MEDIUM ENTERPRISE
author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
title Report on the Treatment of MSME Insolvency
title_short Report on the Treatment of MSME Insolvency
title_full Report on the Treatment of MSME Insolvency
title_fullStr Report on the Treatment of MSME Insolvency
title_full_unstemmed Report on the Treatment of MSME Insolvency
title_sort report on the treatment of msme insolvency
publisher World Bank, Washington, DC
publishDate 2017-05
url http://documents.worldbank.org/curated/en/973331494264489956/Report-on-the-treatment-of-MSME-insolvency
http://hdl.handle.net/10986/26709
work_keys_str_mv AT worldbankgroup reportonthetreatmentofmsmeinsolvency
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