Managing Financial and Corporate Distress: Lessons from Asia

ISBN 10: 0815701039 / ISBN 13: 9780815701033

Published by Brookings Institution Press, 2000

About this Item

Seller Inventory # I-9780815701033

Bibliographic Details

• Title: Managing Financial and Corporate Distress: Lessons from Asia
• Publisher: Brookings Institution Press
• Publication Date: 2000
• Language: English
• ISBN 10: 0815701039
• ISBN 13: 9780815701033
• Binding: Soft cover
• Condition: New

About this title

Synopsis

A World Bank, International Monetary Fund, and Brookings Institution publication

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 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.