Japan's Distressed-Debt Market /
Sizable risk capital from outside may be necessary to accelerate Japan's corporate restructuring to replace the stock of impaired bank loans. To attract risk capital, impaired loans must find market-clearing prices. However, the asymmetry in the bid-ask prices faced by banks and distressed-debt...
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Формат: | Журнал |
Мова: | English |
Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2004.
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Серія: | IMF Working Papers; Working Paper ;
No. 2004/086 |
Онлайн доступ: | Full text available on IMF |