This article examines the effectiveness of policy reformand implementation in resolving insolvency in Indone-sia. The Ease of Doing Business (EODB) in Indonesiahas significantly increased over the last 6 years, fromranking 129th in 2012 to 73rd in 2019. Among the10 EODB indicators, resolving insolvency was identi-fied to be the highest contributing indicator. In 2019,this indicator ranked 36th—far above the overall afore-mentioned Indonesian EODB score, a 73rd worldwideranking. This article examines the factors leading to ahigh bankruptcy settlement score as well as the indica-tors that must be improved to raise Indonesia's EODBranking.

中文翻译：

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改革监管在解决破产问题中对 EODB 等级提升的影响：来自印度尼西亚的证据

本文考察了政策改革和实施在解决印度尼西亚破产方面的有效性。印度尼西亚的经商便利度（EODB）在过去 6 年中显着提高，从 2012 年的第 129 位上升到 2019 年的第 73 位。 在 EODB 的 10 个指标中，解决破产被确定为贡献最高的指标。2019年，该指标排名第36位，远高于上述印尼EODB总分，全球排名第73位。本文探讨了导致高破产和解分数的因素以及必须改进以提高印度尼西亚 EODBranking 的指标。