Managing Financial and Corporate Distress: Lessons from Asia - Softcover

Softcover

ISBN 10: 0815701039 ISBN 13: 9780815701033

Publisher: Brookings Institution Press, 2000

Synopsis

More than three years have elapsed since the East Asian financial crisis erupted, threatening economic and financial stability in the region and beyond. Although many of the region¡¯s economies have since staged a remarkable turnaround, much additional restructuring and reform is needed. Managing Financial and Corporate Distress: Lessons from Asia, stands out from other works on the East Asian crisis by moving beyond macroeconomic assessments to offer an institutional treatment of the microeconomic aspects of the corporate and bank restructuring. Contributors draw on their practical, hands-on expertise in various aspects of finance to provide complementary perspectives on how best to set in place strong and responsive institutions that might be able to resolve and avoid future crises in other emerging markets.

About this title

Review:

.".. a rare, inside look at efforts to restructure corporate and financial systems following the Asian crisis." --Idanna Appio, Federal Reserve Bank of New York, "Eastern Economic Journal", 1/1/2003

About the Author:

Charles Adams is assistant director in the research department of the International Monetary Fund and directs the publication of the annual financial survey International Capital Markets: Developments, Prospects, and Key Policy Issues . Robert E. Litan is a senior fellow in Economic Studies at Brookings and vice president for research and policy at the Kauffman Foundation. Michael Pomerleano is lead financial specialist in the Financial Sector Operations and Policy Department of the World Bank.

About this edition

• Publisher: Brookings Institution Press
• Publication date: 2000
• ISBN 10: 0815701039
• ISBN 13: 9780815701033
• Binding: Paperback
• Number of pages: 513
• Editor: Adams Charles