Credit Risk and Credit Access in Asia
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Credit Risk and Credit Access in Asia

The sheer volume of debt hanging over Asian companies suggests that corporate insolvency should remain a top policy concern. This conference proceedings presents reports from each country on the trends and developments in debt and credit risk since the 1997-1998 Asian financial crisis. It also includes overview papers that examine the problem in a wider context. These papers suggest that risk management practices, legal systems, liquidation and recovery, and institutional infrastructure and capacity all require additional attention.
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Trends and Developments in Insolvency and Risk Management in the Philippines You do not have access to this content

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Author(s):
Juan de Zuñiga, Jr., Nestor A. Espenilla, Jr.

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The legal framework for insolvency in the Philippines is characterised by few and far-between landmarks, starting with the antiquated Insolvency Law of 1909. This law dealt simply with suspension of payments and the liquidation process.
 
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