Corporate Debt Restructuring in East Asia [electronic resource] : Some Lessons from International Experience / Mark R Stone.

By: Stone, Mark RMaterial type: TextTextSeries: IMF Policy Discussion Papers; Papers on Policy Analysis and Assessment ; No. 98/13Publication details: Washington, D.C. : International Monetary Fund, 1998Description: 1 online resource (28 p.)ISBN: 1451968728 :ISSN: 1934-7456Subject(s): Asset Management | Corporate Debt | Corporate Restructuring | Recapitalization | Restructuring | East Asia | Indonesia | Korea, Republic of | Mexico | Poland | ThailandAdditional physical formats: Print Version:: Corporate Debt Restructuring in East Asia : Some Lessons from International ExperienceOnline resources: IMF e-Library | IMF Book Store Abstract: This paper summarizes some lessons from international experience for corporate debt restructuring in east Asia. Basic principles of debt restructuring are described, the experiences of Mexico, Chile, the United Kingdom, Hungary, and Poland are examined, and general lessons are drawn. The approaches currently being adopted in Indonesia, Korea, Malaysia and Thailand are then reviewed in the context of these lessons.
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This paper summarizes some lessons from international experience for corporate debt restructuring in east Asia. Basic principles of debt restructuring are described, the experiences of Mexico, Chile, the United Kingdom, Hungary, and Poland are examined, and general lessons are drawn. The approaches currently being adopted in Indonesia, Korea, Malaysia and Thailand are then reviewed in the context of these lessons.

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