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


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.

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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.

Conflicts of Interest

The authors declare no conflicts of interest.


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