Insolvency reform and the Indonesian financial crisis

According to the author, there is a surprising gap between anecdote and understanding in discussing about dealing with private sector insolvencies in the financial crisis. Treatment of Indonesia's financial crisis customarily focus on exchange rate collapse, neglecting the question of why enter...

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Veröffentlicht in:Bulletin of Indonesian economic studies
1. Verfasser: Linnan, David K. (VerfasserIn)
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Sprache:eng
Veröffentlicht: 1999
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Zusammenfassung:According to the author, there is a surprising gap between anecdote and understanding in discussing about dealing with private sector insolvencies in the financial crisis. Treatment of Indonesia's financial crisis customarily focus on exchange rate collapse, neglecting the question of why enterprises were so highly leveraged beforehand. He examines controlling share-holder-debtor behaviour both before and during the crisis with a look at Indonesia's emergency bankruptcy legislation effective August 1998. (DÜI-Sen)
Beschreibung:In: Bulletin of Indonesian economic studies
ISSN:0007-4918