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2021 : a turn of the tide in insolvencies

Recurso electrónico / Electronic resource
Section: Electronic documents
Title: 2021 : a turn of the tide in insolvencies / Atradius-Crédito y Caución
Publication: Madrid [etc.] : Atradius Crédito y Caución S.A. de Seguros y Reaseguros, 2021Series: (Economic Research)Notes: Sumario: Corporate insolvencies continued to decrease in 2020, despite the sharp decline in GDP. This discrepancy is driven by temporary adjustments to insolvency laws and fiscal support packages. As support measures are phased out, global corporate insolvencies are forecast to increase by 26% in 2021. The percentage increase of insolvencies in 2021 is highest in Australia, France, Singapore and Austria, all countries that had strong government measures in place in 2020. As these measures will be gradually phased out, this will drive insolvencies up. Materia / lugar / evento: Insolvencia Crisis económica Impacto económico Riesgos geopolíticos Aspectos financieros Otros autores: Atradius Crédito y Caución S.A. de Seguros y Reaseguros
Secondary series: Economic research Other categories: 922.114