Credit Risk and Credit Access in Asia
The sheer volume of debt hanging over Asian companies suggests that corporate insolvency should remain a top policy concern. This conference proceedings presents reports from each country on the trends and developments in debt and credit risk since the 1997-1998 Asian financial crisis. It also includes overview papers that examine the problem in a wider context. These papers suggest that risk management practices, legal systems, liquidation and recovery, and institutional infrastructure and capacity all require additional attention.
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Risk Management, the Regulatory/legal Environment and Insolvency Systems: Recent Trends and Developments in Pakistan
The linkage between risk management and insolvency systems is often imperfectly understood at the regulatory/main stakeholder level. In some cases, a decline in NPL levels owing to high economic growth rates and improvements in the regulatory environment cause enough complacency that efforts to create a modern insolvency regime are put on the back burner.
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