£57.44

MACMILLAN Emerging Markets Debt Restructuring: Effectively Navigating Local Institutional Frameworks

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£57 today · all-time low £57 (May 2026) · usually the usual

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Description

Corporate debt in emerging markets (EMs) has reached historical levels in the post-Covid-19 world. This challenges international lenders (e.g., commercial banks, development finance institutions, and impact investors) and EM economies in their pursuit of economic development. This book builds on the authors’ first volume by focusing on the role of institutions in the economy, credit markets, and ultimately debt restructuring. The authors identify, contextualize, and evaluate the major challenges confronting restructuring professionals in EMs, offering “ten observations” on the major differences for the practitioner in the restructuring environment of EMs versus that of advanced economies. The authors present four detailed EM case studies (following these with counterfactuals) reflecting these ten observations. The authors also explore the main elements of an effective EM insolvency framework as relevant to the restructurer’s choice whether to pursue a formal versus an informal solution. Written for restructuring professionals by restructuring professionals, this book explores the factors which drive success―or failure―in EM debt restructuring.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
27 September 2024
Listed Since
20 June 2024

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