1st Edition
Banking and Debt Recovery in Emerging Markets The Law Reform Context
By Sonali Abeyratne
Copyright 2001
254 Pages
by
Routledge
254 Pages
by
Routledge
254 Pages
by
Routledge
Also available as eBook on:
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.
Contents: Introduction; Credit allocation and debt recovery: the reform context; Credit allocation and loan supervision; Enforcement of security; Recovery through the courts; Final observations and recommendations; Bibliography.
Biography
Sonali Abeyratne, Solicitor England and Wales, Attorney at Law, Sri Lanka