Banking and Debt Recovery in Emerging Markets

Download or read book Banking and Debt Recovery in Emerging Markets written by Sonali Abeyratne and published by Routledge. This book was released on 2019-06-04 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. A developing country that is pursuing free market economic policies requires a modern commercial law infrastructure, which enables the emerging economy to have in place properly functioning credit and other financial systems which stimulate domestic and foreign investment. This book provides a comparative analysis of the law and practice of debt recovery in India, Sri Lanka and Malaysia, demonstrating that a suitable debt-recovery system for a developing economy requires not only good laws and judicial remedies, but also appropriate financial industry practices such as credit and loan supervision policies.