Faithin Omaha eBook Collection

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.