following the Global Financial Crisis (GFC). Corporate debt vulnerability indicators during the Asian Financial Crisis (AFC …) attributed to corporate financial roots provide a benchmark for comparison. Firm-level data show that post-GFC, emerging market … corporate balance sheet indicators have not deteriorated to AFC crisis-country levels. However, more countries are close to or …

The Law and Practice of Restructuring in the UK and US is a practical guide to the restructuring of corporate debt and … of corporate restructuring.An expert contributor team from both the US and UK combine their pract …

commitment, flexible exchange rates generally dominate a monetary union (or fixed exchange rate) regime. Under discretion, this … exchange rate) is a cost under commitment, whereas it is a benefit under discretion, for it acts like a commitment device. …