This paper discusses the role of asset management companies (AMCs) in facilitating bank restructuring and specifies some policy lessons learned from international experience. The paper concludes that there is no single optimal solution but a combination of strategies that will vary from bank to...

Abstract The federal Americans with Disabilities Act (ADA), which took effect in 1992, was adopted to provide a comprehensive national mandate to eliminate discrimination against people with disabilities. The ADA may be used to protect people with asthma and others whose daily activities are...

This paper stresses three factors that amplified the 1990s financial crisis in Ecuador, namely institutional weaknesses, rigidities in public finances, and high financial dollarization. Institutional factors restricted the government's ability to respond in a timely manner and efficiently enough...

Abstract: Der Wirtschaftssektor der Telekommunikation weist zwei Besonderheiten auf: Er ist von erheblicher gesamtwirtschaftlicher Bedeutung und die dort vorzufindenden Regelwerke gehen nahezu ausschließlich auf europarechtliche Vorgaben zurück. Als Querschnittsmaterie zwischen Kartell- und...