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Bibliographische Detailangaben
Titel:Dealing with private debt distress in the wake of the European financial crisis
a review of the economics and legal toolbox
Von: Yan Liu and Christoph B. Rosenberg
Person: Liu, Yan
Verfasser
aut
Rosenberg, Christoph B.
Sonstige
Hauptverfasser: Liu, Yan (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: [Washington, D.C.] International Monetary Fund ©2013
Schriftenreihe:IMF working paper WP/13/44
Schlagwörter:
Medienzugang:http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=561193
Beschreibung:Title from PDF title page (IMF Web site, viewed Feb. 20, 2013). - "Legal and European Department.". - "February 2013."
"The private non-financial sector in Europe is facing increased challenges in meeting its debt servicing obligation. In response, governments are revisiting legal tools and - in some cases - institutional arrangements to deal with over-indebtedness. For households, where the problem in some countries is large but no established best practice exists, reforms have generally sought to allow debtors a fresh start while minimizing moral hazard and preserving bank solvency and credit discipline. For the corporate sector, efforts have focused on facilitating debt restructuring (including through out of court mechanisms). Direct government intervention has been rare"--Abstract
Includes bibliographical references (pages 19-20)
Umfang:1 Online-Ressource (21 pages)
ISBN:9781475552256
1475552254