Government Involvement in Corporate Debt Restructuring : Case Studies from the Great Recession /

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 discuss the rationale for, and modalities of, the state intervention in corporate debt work...

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Bibliographic Details
Main Author: Grigorian, David
Other Authors: Raei, Faezeh
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/260
Online Access:Full text available on IMF