Approaches to Corporate Debt Restructuring in the Wake of Financial Crises

Author/Editor:

Thomas Laryea

Publication Date:

January 26, 2010

Electronic Access:

Free Full Text (PDF file size is 536 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper starts from a discussion of the economic case for moderated government intervention in debt restructuring in the nonfinancial corporate sector. It then draws on lessons from past crises to explain three broad approaches that have been applied to corporate debt restructurings in the aftermath of a crisis. From there, it addresses challenges in designing and implementing a comprehensive debt restructuring strategy and draws together some key principles.

Series:

Staff Position Note No. 2010/02

Subject:

English

Publication Date:

January 26, 2010

ISBN/ISSN:

9781462384846/2072-3202

Stock No:

SPNEA2010002

Price:

$10.00 (Academic Rate:$10.00)

Format:

Paper

Pages:

32

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