Hidden Bibliographic Details
| Other uniform titles: | Laeven, Luc. Principles for household debt restructuring.
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| Other authors / contributors: | International Monetary Fund.
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| ISBN: | 9781462384846
1462384846
1462373380
9781462373383
1452736197
9781452736198
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| Notes: | Title from PDF title page (IMF Web site, viewed Jan. 29, 2010).
"January 26, 2010."
"This paper should be read in conjunction with the IMF staff position note Principles for household debt restructuring, 2009, by Luc Laeven and Thomas Laryea."
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| Summary: | This paper starts from a discussion of the economic case for moderated government intervention in debt restructuring in the nonfinancial corporate sector. It then draws on lessons from past crises to explain three broad approaches that have been applied to corporate debt restructurings in the aftermath of a crisis. From there, it addresses challenges in designing and implementing a comprehensive debt restructuring strategy and draws together some key principles.
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