RePEc: Research Papers in Economics · 1998 · 19 citations · 0 references
BusinessFinanceInternational BusinessCorporate FinanceInternational FinanceInternational Financial ManagementCorporate RestructuringDebt FinancingDebt ManagementDebt Management PolicyDebt Management StrategyDebt RestructuringDebt Restructuring AnalysisDebt Restructuring DesignDebt Restructuring FrameworksDebt Restructuring PlanningExternal Debt Restructuring
This paper summarizes some lessons from international experience for corporate debt restructuring in east Asia. Basic principles of debt restructuring are described, the experiences of Mexico, Chile, the United Kingdom, Hungary, and Poland are examined, and general lessons are drawn. The approaches currently being adopted in Indonesia, Korea, Malaysia and Thailand are then reviewed in the context of these lessons