Emerging markets Compared by Government > Time to resolve insolvency > Years
DEFINITION:
Time to resolve insolvency is the number of years from the filing for insolvency in court until the resolution of distressed assets.
CONTENTS
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# | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
---|---|---|---|---|---|
1 | India | 10 years | 2006 | ||
2 | Turkey | 5.9 years | 2006 | ||
3 | Philippines | 5.7 years | 2006 | ||
4 | Chile | 5.6 years | 2006 | ||
5 | Indonesia | 5.5 years | 2006 | ||
6 | Romania | 4.6 years | 2006 | ||
=7 | Brazil | 4 years | 2006 | ||
=7 | Venezuela | 4 years | 2006 | ||
9 | Russia | 3.8 years | 2006 | ||
10 | Bulgaria | 3.3 years | 2006 | ||
11 | Peru | 3.1 years | 2006 | ||
=12 | Estonia | 3 years | 2006 | ||
=12 | Colombia | 3 years | 2006 | ||
=12 | Latvia | 3 years | 2006 | ||
=12 | Poland | 3 years | 2006 | ||
16 | Ukraine | 2.9 years | 2006 | ||
=17 | Argentina | 2.8 years | 2006 | ||
=17 | Pakistan | 2.8 years | 2006 | ||
19 | Thailand | 2.7 years | 2006 | ||
20 | China | 2.4 years | 2006 | ||
21 | Malaysia | 2.3 years | 2006 | ||
=22 | Hungary | 2 years | 2006 | ||
=22 | South Africa | 2 years | 2006 | ||
24 | Mexico | 1.8 years | 2006 | ||
25 | Lithuania | 1.7 years | 2006 |
Citation
Interesting observations about Government > Time to resolve insolvency > Years
- India ranked first for time to resolve insolvency > years amongst Emerging markets in 2006.
- Ecuador ranked first for time to resolve insolvency > years amongst Christian countries in 2006.
- Chad ranked first for time to resolve insolvency > years amongst Hot countries in 2006.
- Czech Republic ranked first for time to resolve insolvency > years amongst High income OECD countries in 2006.
- Turkey ranked second for time to resolve insolvency > years amongst Europe in 2006.
- France ranked first for time to resolve insolvency > years amongst Group of 7 countries (G7) in 2006.
- Jordan ranked first for time to resolve insolvency > years amongst Heavily indebted countries in 2006.
- Philippines ranked first for time to resolve insolvency > years amongst East Asia and Pacific in 2006.
- Ireland has ranked last for time to resolve insolvency > years since 2003.
- Romania ranked second for time to resolve insolvency > years amongst European Union in 2006.