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Book Cover
E-book
Author Fleisig, Heywood W.

Title Reforming collateral laws to expand access to finance / Heywood Fleisig, Mehnaz Safavian, Nuria de la Peña
Published Washington, D.C. : World Bank, ©2006

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Description 1 online resource
Series World Bank e-Library.
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
Summary 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 product
Bibliography Includes bibliographical references
Notes English
In T World Bank e-Library
Subject Security (Law)
Law reform.
Security (Law) -- Economic aspects
Security (Law) -- United States
LAW -- Liability.
Law reform
Security (Law)
United States
Form Electronic book
Author Safavian, Mehnaz, 1970-
Peña, Nuria de la.
LC no. 2006045727 2006366097
ISBN 9780821364901
0821364901
082136491X
9780821364918
142379981X
9781423799818
6610547726
9786610547722
1280547723
9781280547720
ABBREV TI Reforming collateral laws to expand access to finance