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The Role of Kamco in Resolving Nonperforming Loans in the Republic of Korea

He, Dong - International Monetary Fund (IMF) - 2004

explained by a strong social desire for a recovery of public funds injected for financial sector restructuring. KAMCO's market …

Persistent link: https://www.econbiz.de/10005604807

The Boom, Bust and Restructuring of Indonesian Banks

Pangestu, Mari; Habir, Manggi - International Monetary Fund (IMF) - 2002

measures that were taken to deal with the banking crisis, the lessons learned, and challenges faced in restructuring and … shocks, led to a systemic banking crisis. The priorities for bank restructuring are to complete the separation of nonviable …

Persistent link: https://www.econbiz.de/10005605259

Large-Scale Post-Crisis Corporate Sector Restructuring

Stone, Mark R. - International Monetary Fund (IMF) - 2000

This paper summarizes the objectives, tasks, and modalities of large-scale, post-crisis corporate restructuring based … suggest that government-led restructuring efforts should integrate corporate and bank restructuring in a holistic and …

Persistent link: https://www.econbiz.de/10005605507

Can Banks Promote Enterprise Restructuring?: Evidence From a Polish Bank's Experience

Bonin, John P.; Leven, Bozena - William Davidson Institute, University of Michigan - 2000

bank-led enterprise-restructuring plan that linked directly bank privatization and recapitalization to bad-debt workouts …) in promoting financial and operational restructuring of its clients. We found that BDK continued to provide soft lending … and monitoring their operational restructuring. From our case study of BDK, we conclude that, while banks may play a role …

Persistent link: https://www.econbiz.de/10005652542

Financial liberalization and price rigidity in the Nigerian banking system

Ayadi, O. Felix; Hyman, Ladelle - In: Managerial Finance 32 (2006), pp. 557-568

Purpose – Many developing countries embarked on a program of financial liberalization in order to maximize the benefits associated with a free market system. The preponderance of the evidence in the financial economics literature is that market-determined interest rates become volatile...

Persistent link: https://www.econbiz.de/10010744442

Macro-Financial Implications of Corporate (De)Leveraging in the Euro Area Periphery

Goretti, Manuela; Souto, Marcos - International Monetary Fund (IMF) - 2013

High corporate indebtedness can pose an important threat to the adjustment processes in some of the Euro area periphery countries, through its drag on investment as well as the possible migration of private sector losses to the sovereign balance sheet. This paper examines the macroeconomic...

Persistent link: https://www.econbiz.de/10010790287

Fiscal Policy for the Crisis

Spilimbergo, Antonio; Symansky, Steven A.; Cottarelli, Carlo - International Monetary Fund (IMF) - 2009

The current crisis calls for two main sets of policy measures. First, measures to repair the financial system. Second, measures to increase demand and restore confidence. While some of these measures overlap, the focus of this note is on the second set of policies, and more specifically, given...

Persistent link: https://www.econbiz.de/10010790473

Access to bank loans while in bankruptcy: the role of single vs. multiple banking relations

Jha, Anand; Shankar, Siddharth; Arvi, Leonard - In: Managerial Finance 40 (2014), pp. 724-733

Purpose -The purpose of this paper is to use a unique hand-collected data set from India to investigate whether firms with multiple banking relationships that are in bankruptcy get additional loans more easily than those with a single banking relationship. The authors find that firms that have a...

Persistent link: https://www.econbiz.de/10010795384

The David Gordon Memorial Lecture: Finance without Financiers: Prospects for Radical Change In Financial Governance

Epstein, Gerald - In: Review of Radical Political Economics 42 (2010) 3, pp. 293-306

economic recovery, restructuring, and widely shared, sustainable prosperity is to use public investments in the financial …

Persistent link: https://www.econbiz.de/10009004555

Financial Crises: Explanations, Types and Implications

Claessens, Stijn; Kose, M. Ayhan - Crawford School of Public Policy, Australian National … - 2013

This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper...

Persistent link: https://www.econbiz.de/10011186013