Large-Scale Post-Crisis Corporate Sector Restructuring

Author/Editor:

Mark R. Stone

Publication Date:

July 1, 2000

Electronic Access:

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Disclaimer: This Policy Dicussion Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper summarizes the objectives, tasks, and modalities of large-scale, post-crisis corporate restructuring based on nine recent episodes with a view to organizing the policy choices and drawing some general conclusions. These episodes suggest that government-led restructuring efforts should integrate corporate and bank restructuring in a holistic and transparent strategy based on clearly defined objective and including sunset provisions.

Series:

Policy Discussion Paper No. 2000/007

Subject:

Asset and liability management Banking Business enterprises Corporate sector Creditor bail-in Debt restructuring Economic sectors Financial crises

English

Publication Date:

July 1, 2000

ISBN/ISSN:

9781451971538/1564-5193

Stock No:

PPIEA0072000

Pages:

31

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