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The unprecedented rise in nonperforming assets during the recent Asian financial crisis severely...

This paper summarizes some lessons from international experience for corporate debt restructuring...

Systemic bank restructing aims to improve bank performance - that is, restore solvency and...

In an environment characterized by weak contractual enforcement, sovereign lenders can enhance...

This paper discusses the role of asset management companies (AMCs) in facilitating bank...

Recapitalizing banks in a systemic crisis is a complex medium-term process that requires...