The Institution of Bankruptcy: Development, Problems, Areas of Reforming
Consortsium for Economic Policy, Research and Advice, 2005
281 Pages Posted: 23 Mar 2013
Date Written: November 21, 2005
The research focuses on the analysis of the emergence of the institution of bankruptcy (insolvency) in Russia. More specifically, it centers on studying the evaluation of its legal base, specific purposes of its use in the national transition economy, motives and objects of application of the given procedures and development of the respective country-specific recommendations. While analyzing theoretical approaches to the problem of bankruptcy, the authors focus on market financial regulation mechanisms, forms and options of bankruptcy procedures, as well as evaluation of first results of application of the new, 2002–2004, Russian law. In parallel with the analysis of the Canadian experiences in the area of corporate bankruptcy, the authors consider economic fundamentals of bankruptcy and provide a review of the contemporary legal and law enforcement systems in this particular area.
Keywords: bancruptcy, legal base, financial regulation, bancruptcy procedures, corporate bancruptcy
JEL Classification: G33, G38, P2, P31
Suggested Citation: Suggested Citation