Non-Performing Loans and Resolving Private Sector Insolvency
By:Platon Monokroussos,Christos Gortsos
Published on 2017-07-26 by Springer
This book explores the issue of private sector over-indebtedness following the recent financial crisis. It addresses the various challenges for policymakers, investors and economic agents affected by applied remedial policies as the private non-financial sector in Europe continues to face increased challenges in servicing its debt, with the problem mainly concentrated in several countries in the EU periphery and Eastern Europe. Chapters from expert contributors address reduced investment as firms concentrate on deleveraging and repairing their balance sheets, curtailed consumer spending, depressed collateral values and weak credit creation. They examine effective policies to facilitate private sector debt restructuring which may involve significant upfront costs in terms of time to implement and committed budgetary resources, as well as necessary reforms required to improve the broader institutional framework and judicial capacity. The book also explores the issue of over indebtedness in the household sector, contributing to the literature in establishing best practice principles for household debt.
This Book was ranked at 3 by Google Books for keyword Loans.
Book ID of Non-Performing Loans and Resolving Private Sector Insolvency's Books is oW0uDwAAQBAJ, Book which was written byPlaton Monokroussos,Christos Gortsoshave ETAG "TbaFhjAJjd0"
Book which was published by Springer since 2017-07-26 have ISBNs, ISBN 13 Code is 9783319503134 and ISBN 10 Code is 3319503138
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