1.

Record Nr.

UNINA9910777640603321

Autore

Fleisig Heywood W

Titolo

Reforming collateral laws to expand access to finance / / Heywood Fleisig, Mehnaz Safavian, Nuria de la Pena

Pubbl/distr/stampa

Washington, D.C. : , : World Bank, , c2006

ISBN

1-280-54772-3

9786610547722

0-8213-6491-X

1-4237-9981-X

Descrizione fisica

xii, 104 pages : color illustrations ; ; 23 cm

Altri autori (Persone)

SafavianMehnaz <1970->

PeñaNuria de la

Disciplina

346.07/4

Soggetti

Security (Law)

Law reform

Security (Law) - Economic aspects

Security (Law) - United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

CONTENTS; Acknowledgments; INTRODUCTION; CHAPTER 1. WHY COLLATERAL MATTERS; CHAPTER 2. HOW COLLATERAL REFORM CAN SUPPORT OTHER IMPORTANT REFORMS AND INITIATIVES; CHAPTER 3. THE ECONOMIC CONSEQUENCES OF OBSOLETE SYSTEMS FOR SECURED TRANSACTIONS; CHAPTER 4. DETERMINING THE CONTENT OF THE REFORM; CHAPTER 5. IMPLEMENTING THE REFORM; CHAPTER 6. MONITORING AND EVALUATING THE REFORM; APPENDIX. RESOURCES

Sommario/riassunto

Most readers, especially those with car loans or home mortgages, know about ""collateral""--property that the lender can take away from the borrower in the event that the borrower defaults. In low/middle income countries, it is understood that conservative lenders exclude firms from credit markets with their excessive collateral requirements. Usually, this is because only some property is acceptable as collateral: large holdings of urban real estate and, sometimes, new motor vehicles. Microenterprises, SMEs, and the poor have little of this property but they do have an array of productive asse