Insolvency Regulations and Economic Recession: An Austro-Libertarian Point of View

HTML  XML Download Download as PDF (Size: 859KB)  PP. 149-154  
DOI: 10.4236/blr.2014.52014    2,874 Downloads   3,839 Views  Citations
Author(s)

ABSTRACT

Economic recovery after a crisis requires above all capital to support the most efficient investments. It is therefore counterproductive to delay selling off the assets of insolvent debtors through lengthy insolvency proceedings instead of letting the creditors free to enforce their claims in the speediest way.

Share and Cite:

Tavormina, V. (2014). Insolvency Regulations and Economic Recession: An Austro-Libertarian Point of View. Beijing Law Review, 5, 149-154. doi: 10.4236/blr.2014.52014.

Copyright © 2024 by authors and Scientific Research Publishing Inc.

Creative Commons License

This work and the related PDF file are licensed under a Creative Commons Attribution 4.0 International License.