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supervisory framework as well as the insolvency and creditor rights regime, and makes recommendations for strengthening the … enforcement systems (for secured and unsecured credit); (2) debt recovery and informal enterprise workout practices; (3) formal … insolvency system (liquidation and reorganization proceedings); and (4) effectiveness of the relevant institutional, regulatory …
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the areas of insolvency and creditor rights. The regime for creditor and debtor rights largely conforms to international … with real estate. The institutional framework supporting insolvency and creditor rights has been strengthened but requires …
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Past experience with financial crises places systemic risk oversight at the core of Korea's approach to the financial system. The Korean authorities have amassed over a decade of experience with macroprudential policies. They have put in place rigorous and sophisticated processes for risk...
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This paper identifies policies to increase productivity in the East, reduce regional income disparities, and promote overall income convergence. Achieving this objective will require improving educational attainment and reducing skill mismatches in the East, scaling up public infrastructure to...
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