Cover of Sonali Abeyratne: Banking and Debt Recovery in Emerging Markets

Sonali Abeyratne Banking and Debt Recovery in Emerging Markets

The Law Reform Context

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Taylor and Francis

2019

EPub
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978-1-351-79139-7

1-351-79139-7

Annotation

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.

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