Former French colonies 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 | Chad | 10 years | 2006 | ||
| 2 | Mauritania | 8 years | 2006 | ||
| 3 | Haiti | 5.7 years | 2006 | ||
| =4 | Gabon | 5 years | 2006 | ||
| =4 | Laos | 5 years | 2006 | ||
| =4 | Vietnam | 5 years | 2006 | ||
| =4 | Mozambique | 5 years | 2006 | ||
| =4 | Niger | 5 years | 2006 | ||
| =4 | Djibouti | 5 years | 2006 | ||
| 10 | Central African Republic | 4.8 years | 2006 | ||
| 11 | Syria | 4.1 years | 2006 | ||
| =12 | Burkina Faso | 4 years | 2006 | ||
| =12 | Lebanon | 4 years | 2006 | ||
| =12 | Benin | 4 years | 2006 | ||
| 15 | Guinea | 3.8 years | 2006 | ||
| 16 | Mali | 3.6 years | 2006 | ||
| 17 | Cameroon | 3.2 years | 2006 | ||
| =18 | Senegal | 3 years | 2006 | ||
| =18 | Togo | 3 years | 2006 | ||
| 20 | Algeria | 2.5 years | 2006 | ||
| 21 | Cote d'Ivoire | 2.2 years | 2006 | ||
| 22 | Morocco | 1.8 years | 2006 | ||
| 23 | Tunisia | 1.3 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.