{
  "title": "Large-Scale Post-Crisis Corporate Sector Restructuring",
  "publication": "IMF Policy Discussion Papers, July 1, 2000",
  "sourceUrl": "https://www.imf.org/en/publications/imf-policy-discussion-papers/issues/2016/12/30/large-scale-post-crisis-corporate-sector-restructuring-3685",
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  "summary": "This paper summarizes the objectives, tasks, and modalities of large-scale, post-crisis corporate restructuring based on nine recent episodes with a view to organizing the policy choices and drawing some general conclusions.",
  "sections": [
    {
      "heading": "Summary and purpose",
      "content": "- This paper summarizes the objectives, tasks, and modalities of large-scale, post-crisis corporate restructuring based on nine recent episodes.\n- The paper's aim is to organize policy choices and draw general conclusions from these episodes."
    },
    {
      "heading": "Key findings and conclusions",
      "content": "- Government-led restructuring efforts should integrate corporate and bank restructuring.\n- Integration should be performed in a holistic and transparent strategy.\n- Strategies should be based on clearly defined objective and include sunset provisions."
    },
    {
      "heading": "Policy implications and recommended modalities",
      "content": "- Integrate corporate and bank restructuring rather than treating them in isolation.\n- Adopt holistic approaches that align objectives across sectors and institutions.\n- Ensure transparency in strategy and implementation to support credibility and accountability.\n- Define clear objectives for restructuring programs to guide decision-making.\n- Include sunset provisions to limit the duration and scope of government-led interventions."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subjects: Asset and liability management, Banking, Business enterprises, Corporate sector, Creditor bail-in, Debt restructuring, Economic sectors, Financial crises\n- Keywords: AMC manager, asset management corporation, bank, bank capital, bank loss, bank privatization, bank resolution cost, Business enterprises, Corporate restructuring, Corporate sector, country, Creditor bail-in, Debt restructuring, East Asia, Financial crises, Financial restructuring, governance, nonviable bank, PDP, recapitalization\n\n---\n\n Content in this bundle\n\n- Large-Scale Post-Crisis Corporate Sector Restructuring - PDP/00/7\n  - Large-Scale Post-Crisis Corporate Sector Restructuring - PDP/00/7 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Large-Scale Post-Crisis Corporate Sector Restructuring - PDP/00/7 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/imf-policy-discussion-papers/issues/2016/12/30/large-scale-post-crisis-corporate-sector-restructuring-3685"
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    "Authors: Mark R. Stone",
    "Published: July 1, 2000",
    "Series: IMF Policy Discussion Papers",
    "DOI: https://doi.org/10.5089/9781451971538.003",
    "This paper summarizes the objectives, tasks, and modalities of large-scale, post-crisis corporate restructuring based on nine recent episodes.",
    "The paper's aim is to organize policy choices and draw general conclusions from these episodes.",
    "Government-led restructuring efforts should integrate corporate and bank restructuring.",
    "Integration should be performed in a holistic and transparent strategy.",
    "Strategies should be based on clearly defined objective and include sunset provisions.",
    "Integrate corporate and bank restructuring rather than treating them in isolation.",
    "Adopt holistic approaches that align objectives across sectors and institutions.",
    "Ensure transparency in strategy and implementation to support credibility and accountability.",
    "Define clear objectives for restructuring programs to guide decision-making.",
    "Include sunset provisions to limit the duration and scope of government-led interventions.",
    "Subjects: Asset and liability management, Banking, Business enterprises, Corporate sector, Creditor bail-in, Debt restructuring, Economic sectors, Financial crises",
    "Keywords: AMC manager, asset management corporation, bank, bank capital, bank loss, bank privatization, bank resolution cost, Business enterprises, Corporate restructuring, Corporate sector, country, Creditor bail-in, Debt restructuring, East Asia, Financial crises, Financial restructuring, governance, nonviable bank, PDP, recapitalization",
    "**Large-Scale Post-Crisis Corporate Sector Restructuring - PDP/00/7**"
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