Banking and Debt Recovery in Emerging Markets: The Law Reform Context

1st Edition

Sonali Abeyratne

Routledge
Published April 15, 2019
Reference - 240 Pages
ISBN 9781138635418 - CAT# Y322987
Series: Routledge Revivals

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Summary

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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