As central banks around the world tighten monetary policy to cope with surging inflation, financing costs are set to rise for companies, contributing to the return of business insolvencies.
In this context, recovering debt could become even more of a challenge. In the third edition of the Allianz Trade Collection Complexity Score and Rating, the firm analyses local payment practices, court proceedings and insolvency frameworks for 49 countries to identify where it is the easiest to collect debt, and where debt collection is a challenge.
