Changing bankruptcy law has given firms time to adapt and recover
Djankov, S.
(4 October 2021)
Changing bankruptcy law has given firms time to adapt and recover.
LSE COVID-19 Blog.
(4 October 2021)
Changing bankruptcy law has given firms time to adapt and recover.
LSE COVID-19 Blog.
Bankruptcies are costly, but economists worry about keeping doomed firms alive. Simeon Djankov (LSE) argues that restructuring bankruptcy laws has given companies breathing space to adapt and recover from the economic shock of COVID.