Corporate Debt Restructuring in East Asia: Some Lessons from International Experience

Author/Editor:

Mark R. Stone

Publication Date:

October 1, 1998

Electronic Access:

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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:

English

Publication Date:

October 1, 1998

ISBN/ISSN:

9781451968729/1564-5193

Stock No:

PPIEA0131998

Pages:

28

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