Former Soviet republics Compared by Economy > 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
| # | COUNTRY | AMOUNT | DATE | GRAPH | HISTORY |
|---|---|---|---|---|---|
| 1 | Belarus | 5.8 | 2009 | ||
| =2 | Uzbekistan | 4 | 2009 | ||
| =2 | Kyrgyzstan | 4 | 2009 | ||
| 4 | Russia | 3.8 | 2009 | ||
| 5 | Georgia | 3.3 | 2009 | ||
| =6 | Latvia | 3 | 2009 | ||
| =6 | Estonia | 3 | 2009 | ||
| 8 | Ukraine | 2.9 | 2009 | ||
| 9 | Moldova | 2.8 | 2009 | ||
| 10 | Azerbaijan | 2.7 | 2009 | ||
| 11 | Armenia | 1.9 | 2009 | ||
| 12 | Tajikistan | 1.7 | 2009 | ||
| =13 | Lithuania | 1.5 | 2009 | ||
| =13 | Kazakhstan | 1.5 | 2009 |
