1.

Record Nr.

UNINA9910890173703321

Autore

Marney Richard

Titolo

Emerging Markets Debt Restructuring : Effectively Navigating Local Institutional Frameworks

Pubbl/distr/stampa

Cham : , : Palgrave Macmillan, , 2024

©2024

ISBN

3-031-66838-3

Edizione

[1st ed.]

Descrizione fisica

1 online resource (566 pages)

Altri autori (Persone)

StubbsTimothy

Disciplina

336.36091724

Soggetti

Debt relief

Investments, Developing country

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

Foreword -- Preface -- Acknowledgments -- Contents -- About the Authors -- List of Figures -- List of Tables -- Part I Fundamentals -- 1 Reprise-The Five Phases of Restructuring -- 2 Debt Distress in the EMs --   1 Introduction --   2 The EM Cohort --     2.1 Definitions --       2.1.1 What’s in a name --       2.1.2 Emerging Markets—a “Motley Crew” --       2.1.3 Advanced Economies Aren’t Always so Advanced --       2.1.4 A “who’s who”—Our List --   3 Characteristics --     3.1 National Income --     3.2 Volatility --     3.3 Human Development --     3.4 Institutions --   4 Determinants of Credit Losses --     4.1 Whence the Gremlins Come --     4.2 Yes, explaining credit losses is complicated, but… --     4.3 The Nature of Institutions --       4.3.1 Definitions --       4.3.2 Roles --       4.3.3 Institutions and the Debt Resolution Process --       4.3.4 A Cautionary Note – “Things are not always as they seem.”

Sommario/riassunto

This book, authored by Richard Marney and Timothy Stubbs, provides an in-depth exploration of debt restructuring in emerging markets. It offers a comprehensive analysis of the financial, institutional, and regulatory challenges faced in these markets. The authors draw on decades of experience to present actionable strategies and insights through theoretical frameworks and extensive case studies. The book emphasizes the importance of understanding local institutional



frameworks and macroeconomic factors in successful debt restructuring. It is intended for restructuring financiers, policymakers, and both seasoned professionals and newcomers interested in emerging market economies.