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 insolvenci...

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Main Author:	World Bank Group
Format:	Report
Language:	English en_US
Published:	World Bank, Washington, DC 2017
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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recordtype	oai_dc
spelling	okr-10986-267092021-06-14T10:09:52Z 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
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	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 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
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
url	http://documents.worldbank.org/curated/en/973331494264489956/Report-on-the-treatment-of-MSME-insolvency http://hdl.handle.net/10986/26709
_version_	1764462377152020480

Report on the Treatment of MSME Insolvency

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