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Corporate and Household Debt Distress in Latvia : Strengthening the Incentives for a Market-Based Approach to Debt Resolution
Saxegaard, Magnus - 2011
This paper reviews Latvia’s efforts to manage the increase in debt distress resulting from the unwinding of the 2000-07 credit boom and spillovers from the global financial crisis. The authorities have designed a strategy that strengthens incentives for marked-based debt resolution by...
Persistent link: https://www.econbiz.de/10014401054
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Corporate and household debt distress in Latvia : strengthening the incentives for a market-based approach to debt resolution
Erbenová, Michaela; Liu, Yan; Saxegaard, Magnus - 2011
Persistent link: https://www.econbiz.de/10009486289
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Corporate and Household Debt Distress in Latvia : Strengthening the Incentives for a Market-Based Approach to Debt Resolution
Erbenova, Michaela - 2011
This paper reviews Latvia's efforts to manage the increase in debt distress resulting from the unwinding of the 2000-07 credit boom and spillovers from the global financial crisis. The authorities have designed a strategy that strengthens incentives for marked-based debt resolution by improving...
Persistent link: https://www.econbiz.de/10013126045
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Corporate and Household Debt Distress in Latvia; Strengthening the Incentives for a Market-Based Approach to Debt Resolution
Saxegaard, Magnus; Erbenova, Michaela; Liu, Yan - International Monetary Fund (IMF) - 2011
This paper reviews Latvia’s efforts to manage the increase in debt distress resulting from the unwinding of the 2000-07 credit boom and spillovers from the global financial crisis. The authorities have designed a strategy that strengthens incentives for marked-based debt resolution by...
Persistent link: https://www.econbiz.de/10009019565