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Credit Risk and Credit Access in Asia

image of 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.

English

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The Lack of Adequate Insolvency Frameworks for Major Corporate Collapses in Asia

Countries across Asia, whether they have developed or emerging economies, have at least one thing in common: they do not have adequate laws to deal with the insolvency of multi-national corporate collapse.

English

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