Series: IMF Working Papers
Author(s): David Grigorian , and Faezeh Raei
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 November 2010
Keywords: corporate debt restructuring, contingent liablities, quasi-sovereign risk, debt restructuring, recapitalization, banking, Corporate Finance And Governance,
The paper examines recent episodes of government involvement in corporate debt restructurings. It argues that corporate debt restructuring is an important step toward recovery from a financial crisis. We then discu...