Insolvency Systems in Asia An Efficiency Perspective

The 1997-1998 Asian financial crisis exposed serious deficiencies in the insolvency systems of many countries. In response, many governments have undertaken sweeping reforms to strengthen their insolvency systems and rebuild their economies, including promulgating new laws, introducing new procedure...

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Bibliographic Details
Main Author: Organisation for Economic Co-operation and Development.
Corporate Authors: Organisation for Economic Co-operation and Development (-), Organisation for Economic Co-operation and Development, publisher (publisher)
Format: eBook
Language:Inglés
Published: Paris : OECD Publishing 2001.
Series:Finance and investment.
OECD proceedings.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009705767606719
Description
Summary:The 1997-1998 Asian financial crisis exposed serious deficiencies in the insolvency systems of many countries. In response, many governments have undertaken sweeping reforms to strengthen their insolvency systems and rebuild their economies, including promulgating new laws, introducing new procedures to facilitate restructuring, strengthening courts and related institutions, and recapitalising financial institutions. This volume brings together a comparative report and studies of the insolvency systems of Indonesia, Korea, Malaysia, the Philippines, Singapore and Thailand. These papers examine, among other things, the extent to which each country was affected by the financial crisis, the effectiveness and efficiency of formal and informal insolvency procedures, recent initiatives undertaken, and areas in need of further reforms. In addition, this publication includes an introductory note summarising the findings and conclusions from the November 1999 conference on "Insolvency Systems in Asia: An Efficiency Perspective".
Item Description:"Conference papers and proceedings."
Physical Description:1 online resource (429 p.)
ISBN:9781280033391
9786610033393
9789264189539