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  • Bankruptcy policy (anglais)

    This paper examines the role of bankruptcy policies in market economies. Two somewhat different perspectives on the proper role of bankruptcy are presented. The first emphasizes the role of bankruptcy...

    Type de document: Document de travail (série numérotée) Numéro du rapport: 15417 Date du document: 29 février 1996 Mode de publication: Disclosed Auteur: Atiyas,Izak

  • Uneven governance and fiscal failure : the adjustment experience in Turkey (anglais)

    Starting in 1980, Turkey embarked on an ambitious program of stabilization and structural adjustment. The speed with which macroeconomic stability was established and the rapid response of the private...

    Type de document: Document de travail (série numérotée) Numéro du rapport: 15258 Date du document: 30 septembre 1995 Mode de publication: Auteur: Atiyas,Izak

  • Bankruptcy reform : breaking the court logjam in Colombia (anglais)

    Many developing countries suffer from logjam in the courts, a condition that tends to reduce the effectiveness of bankruptcy law in relieving financial distress. Colombia's bankruptcy reform provides some...

    Type de document: Point de vue Numéro du rapport: 16910 Date du document: 30 septembre 1995 Mode de publication: Disclosed Auteur: Atiyas,Izak

  • The impact of financial reform : the Turkish experience (anglais)

    This paper examines the impact of financial reform on the behavior of financial sector agents as well as on the corporate sector. Financial liberalization, along with trade reform, lay at the core of the...

    Type de document: Document de travail départemental Numéro du rapport: 11688 Date du document: 31 décembre 1992 Mode de publication: Auteur: Atiyas,Izak,Ersel, Hasan


  • Tightening the soft budget constraint in reforming socialist economies (anglais)

    The concept of the soft budget constraint has been quoted as appearing "when the strict relationship between expenditures and earnings has been relaxed, because excess expenditure over earnings will be...

    Type de document: Document de travail départemental Numéro du rapport: 8987 Date du document: 31 mai 1990 Mode de publication: Auteur: Nagaoka,Sadao,Atiyas,Izak

  • The private sector's response to financial liberalization in Turkey : 1980-82 (anglais)

    Financial liberalization was carried out during a period when the nonfinancial corporate sector was in financial distress due to reduced profitability. The consequent emergence of substantial nonperforming...

    Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS147 Date du document: 31 janvier 1989 Mode de publication: Auteur: Atiyas,Izak