Toward Developing a Structured Approach to the Diagnosis and Resolution of Nonperforming Loans: The Case of China and India <link rid="en1">-super-1 </link>
This article addresses the issue of nonperforming loans (NPLs) from a public policy perspective. The focus is on three aspects of NPLs that we consider essential for a proper analysis: the degree of the NPL problem, the causes of NPLs and the solutions adopted to address an identified NPL issue. This research analyses the diverse definitions and measurements of an NPL. Further, it introduces the distinction between systemic and situational causes of NPLs. Arguing that different causes require different cures, this study emphasizes a mix of short-term and long-term remedial measures as judicious in dealing with the NPL problem. This framework is then applied to two case studies: China and India. The conclusion identifies future directions of research, such as the study of a threshold level beyond which NPLs may pose a barrier to a country's growth and productivity. Copyright 2007 by The Policy Studies Organization.
Year of publication: |
2007
|
---|---|
Authors: | Istrate, Emilia ; Gupta, Debasree Das ; Weissburg, Paul |
Published in: |
Review of Policy Research. - Policy Studies Organization - IPSO, ISSN 1541-1338. - Vol. 24.2007, 4, p. 345-365
|
Publisher: |
Policy Studies Organization - IPSO |
Saved in:
freely available
Saved in favorites
Similar items by person
-
Presidential Direct Action and Policy Continuity: The Case of U.S. International Population Policy
Gupta, Debasree Das, (2009)
-
Networks on the ground : rural development in Kenya
Istrate, Emilia, (2007)
-
The Spatial Aspects of the Foreclosure Crisis : A Look at the New England Region
Schintler, Laurie, (2010)
- More ...