We present insolvency practitioners from 88 countries, and ask them to describe in detail how debt enforcement will proceed in their countries. We use the data on time, cost, and the likely disposition...
We investigate cross-country determinants of private credit, using new data on legal creditor rights and private and public credit registries in 129 countries. We find that both creditor protection through...
Tight money in a post-crisis defense of the exchange rate : what have we learned?, by Peter J. Montiel. Foreign bank entry : experience, implications for developing economies, and agenda for further research...
A review of the evidence on judicial reforms across countries shows that those seeking to improve economic performance should not focus on judicial efficiency alone but on independence as well. It also...
The transition from socialism, the Asian financial crisis, and the European economic and political integration, have challenged understanding of how capitalist economies and societies work. Capitalist...
The authors examine patterns of media ownership in 97 countries around the world. They find that almost universally the largest media firms are controlled by the government or by private families. Government...
World Bank's new approach helps business in transition economies; by Lars Jeurling. Are foreign investors and multinationals engaging in corrupt practices in transition economies? by Joel Hellman, Geraint...
A new method for auctioning highways. Water privatization and regulation in England and Wales. Designing regulatory institutions for infrastructure - lessons from Argentina. Colombia's gradulist approach...
Does the owner of a share of stock in Mexico have the same rights as one in Germany or India? Is a creditor in Italy as well protected as one in Switzerland? Do laws protecting investors differ among countries...
Establishing secure property rights in transition economies amounts to solving two problems: inefficiency structures of control rights over assets and poor contract enforcement. Politicians and bureaucrats...
A new program for trade recovery in the new independent states. Averting a debt crisis in the Russian economy. What's next? Strategies for enterprise restructuring in Russia. Czechs are optimistic - but...