Non-Performing Loans and Resolving Private Sector Insolvency

Experiences from the EU Periphery and the Case of Greece

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Description
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 indebtednessin the household sector, contributing to the literature in establishing best practice principles for household debt.
Pages
438 pages
Collection
Palgrave Macmillan Studies in Banking and Financial Institutions
Parution
2017-07-26
Marque
Palgrave Macmillan
EAN papier
9783319503127
EAN PDF
9783319503134

Informations sur l'ebook
Nombre pages copiables
4
Nombre pages imprimables
43
Taille du fichier
5294 Ko
Prix
147,69 €
EAN EPUB
9783319503134

Informations sur l'ebook
Nombre pages copiables
4
Nombre pages imprimables
43
Taille du fichier
1434 Ko
Prix
147,69 €