000			02188nam a22003614a 4500
001			WPIEA2017097
003			IMF
005			20190405192610.0
006			m o d
007			cr cn|||||||||
008			020129s2017 dcu o i00 0 eng d
020			_a1475595131 : _c18.00 USD
020			_z9781475595130
022			_a1018-5941
024	7		_a10.5089/9781475595130.001 _2doi
035			_a(IMF)WPIEA2017097
040			_aDcWaIMF _beng
100	1		_aChan-Lau, Jorge A.
245	1	0	_aAssessing Corporate Vulnerabilities in Indonesia _h[electronic resource] : _bA Bottom-Up Default Analysis.
260			_aWashington, D.C. : _bInternational Monetary Fund, _c2017.
300			_a1 online resource (22 p.)
490	1		_aIMF Working Papers
520	3		_aUnder adverse macroeconomic conditions, the potential realization of corporate sector vulnerabilities could pose major risks to the economy. This paper assesses corporate vulnerabilities in Indonesia by using a Bottom-Up Default Analysis (BuDA) approach, which allows projecting corporate probabilities of default (PDs) under different macroeconomic scenarios. In particular, a protracted recession and the ensuing currency depreciation could erode buffers on corporate balance sheets, pushing up the probabilities of default (PDs) in the corporate sector to the high levels observed during the Global Financial Crisis. While this is a low-probability scenario, the results suggest the need to closely monitor vulnerabilities and strengthen contingency plans.
588			_aDescription based on print version record.
650		7	_aBottom-Up Default Analysis _2imf
650		7	_aCorporate Sector _2imf
650		7	_aDefault Risk _2imf
651		7	_aAsia And Pacific _2imf
651		7	_aIndonesia _2imf
776	0	8	_iPrint Version: _aChan-Lau, Jorge A _tAssessing Corporate Vulnerabilities in Indonesia: A Bottom-Up Default Analysis _dWashington, D.C. : International Monetary Fund,2017 _z9781475595130
830		0	_aIMF Working Papers
856	4	0	_uhttp://elibrary.imf.org/view/IMF001/24230-9781475595130/24230-9781475595130/24230-9781475595130.xml _zIMF e-Library
856	4	0	_uhttp://www.imfbookstore.org/IMFORG/9781475595130 _zIMF Book Store
999			_c163061 _d163061