TÃtulo : |
Non-Performing Loans and Resolving Private Sector Insolvency : Experiences from the EU Periphery and the Case of Greece |
Tipo de documento: |
documento electrónico |
Autores: |
Monokroussos, Platon, ; Gortsos, Christos, |
Mención de edición: |
1 ed. |
Editorial: |
[s.l.] : Springer |
Fecha de publicación: |
2017 |
Número de páginas: |
XXVI, 438 p. 54 ilustraciones |
ISBN/ISSN/DL: |
978-3-319-50313-4 |
Nota general: |
Libro disponible en la plataforma SpringerLink. Descarga y lectura en formatos PDF, HTML y ePub. Descarga completa o por capítulos. |
Idioma : |
Inglés (eng) |
Palabras clave: |
Industria de servicios financieros Finanzas Público Gestion de riesgos financieros Mercado capital Servicios financieros Finanza pública Gestión de riesgos Los mercados de capitales |
Clasificación: |
332.17 |
Resumen: |
Este libro analiza la cuestión del sobreendeudamiento del sector privado tras la reciente crisis financiera. Aborda los diversos desafÃos que enfrentan los responsables de las polÃticas, los inversores y los agentes económicos afectados por las polÃticas correctivas aplicadas, ya que el sector privado no financiero en Europa sigue enfrentando desafÃos cada vez mayores para pagar su deuda, y el problema se concentra principalmente en varios paÃses de la periferia de la UE y Europa del Este. Los capÃtulos escritos por colaboradores expertos abordan la reducción de la inversión a medida que las empresas se concentran en desapalancarse y reparar sus balances, la reducción del gasto de consumo, la reducción de los valores de las garantÃas y la escasa creación de crédito. Examinan polÃticas efectivas para facilitar la reestructuración de la deuda del sector privado que pueden implicar costos iniciales significativos en términos de tiempo de implementación y recursos presupuestarios comprometidos, asà como las reformas necesarias para mejorar el marco institucional más amplio y la capacidad judicial. El libro también analiza la cuestión del sobreendeudamiento en el sector de los hogares, contribuyendo a la literatura al establecer principios de mejores prácticas para la deuda de los hogares. |
Nota de contenido: |
Chapter 1: Introduction -- PART I: Theoretical perspectives & empirical evidence -- Chapter 2: Non-performing Loans: Challenges and Options for Banks and Corporations -- Chapter 3: Non-Performing Loans: A Review of the Literature & the International Experience -- PART II: International experience in dealing with private sector insolvency. Challenges, remedial strategies and lessons learned -- Chapter 4: The Spanish experience -- Chapter 5: Non-performing loans in Ireland: Property development versus mortgage lending -- Chapter 6:The Nordic experience: the case of Denmark in 2005-2015 -- Chapter 7: The Cyprus experience in dealing with private sector NPLs -- PART III: Greece: private sector bad loans. Problem dimensions, intrinsic characteristics & remedial strategies -- Chapter 8: The Road to Recovery: Are Greek banks able to finance Greece's economic recovery? - Chapter 9: The Determinants of Loan Loss Provisions: An Analysis of the Greek Banking System in Light of the Sovereign Debt Crisis -- Chapter 10: Micro-behavioural characteristics in a recessionary environment: Moral hazard and strategic default -- Chapter 11: Financial distress, moral hazard aspects and NPL formation under a long-lasting recession: Empirical evidence from the Greek crisis.-Chapter 12: Non-Performing Loans in the Greek banking system: navigating through the "perfect storm" -- Chapter 13: Characteristics and possible solutions to problems related to loans to SMEs in Greece -- PART IV: Dealing with private sector insolvency in Greece: legal aspects & institutional perspectives -- Chapter 14: Existing corporate & household insolvency frameworks: characteristics, weaknesses and necessary reforms -- Chapter 15: Financial inclusion: an overview of its various dimensions and its assistance in reducing private sector insolvency. - Chapter 16: Post-crisis corporate insolvency and creditor rights law: building the reform paradigm. |
Tipo de medio : |
Computadora |
Summary : |
This book explores the issue of private sector over-indebtedness following the recent financial crisis. It addresses the various challenges for policymakers, investors and economic agents affected by applied remedial policies as the private non-financial sector in Europe continues to face increased challenges in servicing its debt, with the problem mainly concentrated in several countries in the EU periphery and Eastern Europe. Chapters from expert contributors address reduced investment as firms concentrate on deleveraging and repairing their balance sheets, curtailed consumer spending, depressed collateral values and weak credit creation. They examine effective policies to facilitate private sector debt restructuring which may involve significant upfront costs in terms of time to implement and committed budgetary resources, as well as necessary reforms required to improve the broader institutional framework and judicial capacity. The book also explores the issue of over indebtednessin the household sector, contributing to the literature in establishing best practice principles for household debt. |
Enlace de acceso : |
https://link-springer-com.biblioproxy.umanizales.edu.co/referencework/10.1007/97 [...] |
Non-Performing Loans and Resolving Private Sector Insolvency : Experiences from the EU Periphery and the Case of Greece [documento electrónico] / Monokroussos, Platon, ; Gortsos, Christos, . - 1 ed. . - [s.l.] : Springer, 2017 . - XXVI, 438 p. 54 ilustraciones. ISBN : 978-3-319-50313-4 Libro disponible en la plataforma SpringerLink. Descarga y lectura en formatos PDF, HTML y ePub. Descarga completa o por capítulos. Idioma : Inglés ( eng)
Palabras clave: |
Industria de servicios financieros Finanzas Público Gestion de riesgos financieros Mercado capital Servicios financieros Finanza pública Gestión de riesgos Los mercados de capitales |
Clasificación: |
332.17 |
Resumen: |
Este libro analiza la cuestión del sobreendeudamiento del sector privado tras la reciente crisis financiera. Aborda los diversos desafÃos que enfrentan los responsables de las polÃticas, los inversores y los agentes económicos afectados por las polÃticas correctivas aplicadas, ya que el sector privado no financiero en Europa sigue enfrentando desafÃos cada vez mayores para pagar su deuda, y el problema se concentra principalmente en varios paÃses de la periferia de la UE y Europa del Este. Los capÃtulos escritos por colaboradores expertos abordan la reducción de la inversión a medida que las empresas se concentran en desapalancarse y reparar sus balances, la reducción del gasto de consumo, la reducción de los valores de las garantÃas y la escasa creación de crédito. Examinan polÃticas efectivas para facilitar la reestructuración de la deuda del sector privado que pueden implicar costos iniciales significativos en términos de tiempo de implementación y recursos presupuestarios comprometidos, asà como las reformas necesarias para mejorar el marco institucional más amplio y la capacidad judicial. El libro también analiza la cuestión del sobreendeudamiento en el sector de los hogares, contribuyendo a la literatura al establecer principios de mejores prácticas para la deuda de los hogares. |
Nota de contenido: |
Chapter 1: Introduction -- PART I: Theoretical perspectives & empirical evidence -- Chapter 2: Non-performing Loans: Challenges and Options for Banks and Corporations -- Chapter 3: Non-Performing Loans: A Review of the Literature & the International Experience -- PART II: International experience in dealing with private sector insolvency. Challenges, remedial strategies and lessons learned -- Chapter 4: The Spanish experience -- Chapter 5: Non-performing loans in Ireland: Property development versus mortgage lending -- Chapter 6:The Nordic experience: the case of Denmark in 2005-2015 -- Chapter 7: The Cyprus experience in dealing with private sector NPLs -- PART III: Greece: private sector bad loans. Problem dimensions, intrinsic characteristics & remedial strategies -- Chapter 8: The Road to Recovery: Are Greek banks able to finance Greece's economic recovery? - Chapter 9: The Determinants of Loan Loss Provisions: An Analysis of the Greek Banking System in Light of the Sovereign Debt Crisis -- Chapter 10: Micro-behavioural characteristics in a recessionary environment: Moral hazard and strategic default -- Chapter 11: Financial distress, moral hazard aspects and NPL formation under a long-lasting recession: Empirical evidence from the Greek crisis.-Chapter 12: Non-Performing Loans in the Greek banking system: navigating through the "perfect storm" -- Chapter 13: Characteristics and possible solutions to problems related to loans to SMEs in Greece -- PART IV: Dealing with private sector insolvency in Greece: legal aspects & institutional perspectives -- Chapter 14: Existing corporate & household insolvency frameworks: characteristics, weaknesses and necessary reforms -- Chapter 15: Financial inclusion: an overview of its various dimensions and its assistance in reducing private sector insolvency. - Chapter 16: Post-crisis corporate insolvency and creditor rights law: building the reform paradigm. |
Tipo de medio : |
Computadora |
Summary : |
This book explores the issue of private sector over-indebtedness following the recent financial crisis. It addresses the various challenges for policymakers, investors and economic agents affected by applied remedial policies as the private non-financial sector in Europe continues to face increased challenges in servicing its debt, with the problem mainly concentrated in several countries in the EU periphery and Eastern Europe. Chapters from expert contributors address reduced investment as firms concentrate on deleveraging and repairing their balance sheets, curtailed consumer spending, depressed collateral values and weak credit creation. They examine effective policies to facilitate private sector debt restructuring which may involve significant upfront costs in terms of time to implement and committed budgetary resources, as well as necessary reforms required to improve the broader institutional framework and judicial capacity. The book also explores the issue of over indebtednessin the household sector, contributing to the literature in establishing best practice principles for household debt. |
Enlace de acceso : |
https://link-springer-com.biblioproxy.umanizales.edu.co/referencework/10.1007/97 [...] |
|  |