Credit Risk and Credit Access in Asia

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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.



Executive Summary

The OECD, the World Bank (WB) and the Asian Development Bank (ADB) organised a meeting on Insolvency Systems and Risk Management in Asia, which took place on 3-5 November 2004 in New Delhi, India. It was co-hosted by the Ministry of Finance Banking Division, the Ministry of Company Affairs of India and INSOL India.


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