Hong Kong, China vs Luxembourg: Resolving insolvency: Management of debtor's assets index (0-6)
Resolving insolvency: Management of debtor's assets index (0-6) over time
- Hong Kong, China
- Luxembourg
How they compare
Hong Kong, China currently reports 3 DB15-20 methodology against 3 DB15-20 methodology in Luxembourg, a difference of 0 DB15-20 methodology.
Across all 17 years both countries report, Luxembourg has been ahead every year.
Hong Kong, China ranks 130th and Luxembourg ranks 130th of 191 countries.
Head to head by decade
| Decade | Hong Kong, China | Luxembourg | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 3 DB15-20 methodology | 3 DB15-20 methodology | 0 DB15-20 methodology | — |
| 2010s | 3 DB15-20 methodology | 3 DB15-20 methodology | 0 DB15-20 methodology | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher resolving insolvency: management of debtor's assets index (0-6), Hong Kong, China or Luxembourg?
- Hong Kong, China, at 3 DB15-20 methodology against 3 DB15-20 methodology in Luxembourg as of 2019.
- What is the difference in resolving insolvency: management of debtor's assets index (0-6) between Hong Kong, China and Luxembourg?
- 0 DB15-20 methodology, with Hong Kong, China ahead.
- How many years of comparable data are there for Hong Kong, China and Luxembourg?
- 17 years are reported by both, from 2003 to 2019.
- How do Hong Kong, China and Luxembourg rank globally for resolving insolvency: management of debtor's assets index (0-6)?
- Hong Kong, China ranks 130th and Luxembourg ranks 130th of 191 countries.
- Where does this data come from?
- The World Bank, published as Resolving insolvency: Management of debtor's assets index (0-6) (DB15-20 methodology). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The management of debtor's assets index has six components: (i) whether the debtor (or an insolvency representative on its behalf) can continue performing contracts essential to the debtor’s survival; (ii) whether the debtor (or an insolvency representative on its behalf) can reject overly burdensome contracts; (iii) whether undervalued transactions entered into before commencement of insolvency proceedings can be avoided after proceedings are initiated; (iv) whether transactions entered into before commencement of insolvency proceedings that give preference to one or several creditors can be avoided after proceedings are initiated; (v) whether the insolvency framework includes specific provisions that allow the debtor (or an insolvency representative on its behalf), after commencement of insolvency proceedings, to obtain financing necessary to function during the proceedings; and (vi) whether post-commencement finance receives priority over ordinary unsecured creditors during distribution of assets.