The Use of Data in Assessing and Designing Insolvency Systems
IMF Working Papers, February 4, 2019
Source details
- Canonical URL
- The Use of Data in Assessing and Designing Insolvency Systems
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Bibliographic details
- Authors: Jose M Garrido, Wolfgang Bergthaler, Chanda M DeLong, Juliet Johnson, Amira Rasekh, Anjum Rosha, Natalia Stetsenko
- Published: February 4, 2019
- Series: IMF Working Papers
- DOI: https://doi.org/10.5089/9781484396223.001
Summary
- To date, the use of empirical data in insolvency law analysis has been sporadic.
- The paper provides a conceptual framework for the use of data to assess the effectiveness and efficiency of insolvency systems.
- The paper analyzes existing sources of data on insolvency proceedings and advocates designing special data collection mechanisms and statistics to conduct detailed assessments and assist in designing legal reforms.
Analysis of existing data sources
- Existing sources analyzed include:
- General insolvency statistics
- Judicial statistics
- Statistics of insolvency regulators
- Other sources
Key recommendations and advocacy
- Advocate for the design of special data collection mechanisms and statistics to:
- Conduct detailed assessments of insolvency systems
- Assist in the design of legal reforms
Subject coverage and keywords
- Subject: Corporate insolvency; Data collection; Economic and financial statistics; Financial crises; Financial institutions; Financial sector policy and analysis; Legal support in revenue administration; Nonperforming loans; Revenue administration; Solvency
- Keywords: Africa; Assessment of Laws; Bankruptcy; Corporate insolvency; Data collection; data quarterly; Doing business insolvency indicator; Eastern Europe; Europe; Global; Insolvency; insolvency administrator report; insolvency case; insolvency data; insolvency data quarterly; insolvency data systems; insolvency framework; insolvency legislation; insolvency petition; insolvency regulator; insolvency system; Law Design; Legal support in revenue administration; Nonperforming loans; Solvency; Statistics; Western Europe; WP
Content in this bundle
- The Use of Data in Assessing and Designing Insolvency Systems, WP/19/27, February 2019