Commercial Bank Debt Restructuring High quality books
Commercial Bank Debt Restructuring
By:Aerdt G. F. J. Houben
Published on 1995-05-01 by International Monetary Fund
This paper reviews commercial bank debt restructuring based on the recent experience of Bulgaria. While the deal is shown to have generated substantial debt relief at a remarkably low cost, several lessons are drawn that may be of broader relevance to countries restructuring bank debt. As, from time to time, it has been suggested that Bulgaria should have held out for more favorable treatment, or that it should now seek further debt reduction, the likely costs of these options are identified. Looking ahead, key policy issues are discussed that will determine growth prospects and debt sustainability over the medium term. It is argued that the deal’s success remains to be underpinned in particular by judicious fiscal and debt management policies.
This Book was ranked at 26 by Google Books for keyword Commercial bank.
Book ID of Commercial Bank Debt Restructuring's Books is tATSCEASpyQC, Book which was written byAerdt G. F. J. Houbenhave ETAG "o0izwAuZXyQ"
Book which was published by International Monetary Fund since 1995-05-01 have ISBNs, ISBN 13 Code is 9781455279050 and ISBN 10 Code is 1455279056
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