Corporate Debt Restructuring in East Asia: Some Lessons from International Experience
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Summary:
This paper summarizes some lessons from international experience for corporate debt restructuring in east Asia. Basic principles of debt restructuring are described, the experiences of Mexico, Chile, the United Kingdom, Hungary, and Poland are examined, and general lessons are drawn. The approaches currently being adopted in Indonesia, Korea, Malaysia and Thailand are then reviewed in the context of these lessons.
Series:
Policy Discussion Paper No. 1998/013
Subject:
Asset and liability management Asset management Banking Business enterprises Creditor bail-in Debt rescheduling Debt restructuring Economic sectors Financial crises
English
Publication Date:
October 1, 1998
ISBN/ISSN:
9781451968729/1564-5193
Stock No:
PPIEA0131998
Pages:
28
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