Cover; Copyright; Contents; Contributors; Foreword; Part 1 Access to credit and secured transactions in a global world; 1. Turning the key to credit: credit access and credit institutions; 2. Policy choices for an efficient and inclusive financial system; Part 2 Secured transactions law to support access to credit: a case for reform; 3. The economics of collateral and of collateral reform; 4. Firm-level evidence on collateral and access to finance; 5. Legal efficiency of secured transactions reform: bridging the gap between economic analysis and legal reasoning.
11. Challenges in implementing secured transactions reform in Latin America12. Recent reform in France: the renaissance of a civilian collateral regime?; Index.
Part 3 Taking security in practice: microfinance and mortgage6. The state of nature and lending in an unreformed environment: experience from early transition countries; 7. Use of security in challenging environments: the microfinance perspective; 8. Mortgages in transition economies; Part 4 Stories of reform: lessons learned and remaining challenges; 9. The Slovak secured transactions reform: ingredients of a successful reform and reflection on its achievements; 10. The Romanian Electronic Archive of Security Interests in Personal Property.
0
8
8
Secured transactions reform, also known as pledge law reform, is seen as an important building block for economic development. This work addresses the question of what role laws and institutions can play to encourage access to credit. It is suitable for those involved in economic development and the interaction between law and economics.