02207cas a2200325 a 4500 AALejournalIMF022565 230101c9999 xx r poo 0 0eng d 20.00 USD 9781513593463 2616-5333 BD-DhAAL BD-DhAAL Araujo, Juliana. Policy Options for Supporting and Restructuring Firms Hit by the COVID-19 Crisis / Juliana Araujo, Jose Garrido, Emanuel Kopp, Richard Varghese. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (78 pages) Departmental Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents principles that could guide the design of more targeted policy support and facilitate the restructuring of firms adversely impacted by the COVID-19 pandemic. To this end, the paper takes stock of vulnerabilities and risks in the enterprise sector and assesses countries' preparedness to handle a large-scale restructuring of businesses. Crisis preparedness of insolvency systems is measured according to a newly designed indicator that includes five dimensions of the insolvency and restructuring regime (out-of-court restructuring, hybrid restructuring, reorganization, liquidation, and the institutional framework). Vulnerabilities tend to be more pronounced in jurisdictions with shortcomings in crisis preparedness, and those countries need to step up efforts to improve their insolvency systems. Mode of access: Internet Bankruptcy imf Corporate Finance and Governance imf Liquidation imf Studies of Particular Policy Episodes imf Garrido, Jose. Kopp, Emanuel. Varghese, Richard. Departmental Papers; Departmental Paper ; No 2022/002 Full text available on IMF http://elibrary.imf.org/view/journals/087/2022/002/087.2022.issue-002-en.xml IMF e-Library