Banking and Debt Recovery in Emerging Markets

<p>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.</p>