Bank Insolvency Law in Developing Economies

The book explores the regulatory approach to bank insolvencies in developing economies and methods to prevent or resolve them, focusing on selected developing economies and the EMEA region. It evaluates the effectiveness of regulatory frameworks in preventing or resolving bank insolvencies.

Format: Paperback / softback
Length: 196 pages
Publication date: 30 December 2022
Publisher: Taylor & Francis Ltd

The issue of bank stability has garnered significant political and legislative attention since the mid-2007 to late-2009 global financial crisis, primarily focusing on developed economies. However, there has been limited coverage of strategies adopted by many developing economies. While there is a global discourse on insolvency, there is ample opportunity to contribute to the growing body of work on bank insolvencies. This book offers a unique perspective on an emerging theme in at least two respects. Firstly, it examines selected developing and developed economies in the EMEA region, alongside cross-border developments, with the aim of deciphering the regulatory approach to bank insolvencies. Secondly, it analyzes methods that can be implemented to prevent or resolve bank insolvencies in developing economies. This book delves into the interconnectedness between developing economies and their banking institutions. Developing economies rely heavily on their banks to sustain their cash-based economies. Recent events have highlighted weaknesses in the long-term viability of some banks, leading to a mixed-bag regulatory approach to address these issues. This book evaluates the effectiveness of regulatory frameworks in selected developing economies designed to prevent or resolve bank insolvencies. In the context of global economic uncertainty, this book provides valuable insights into the viability of banks, businesses, and economies in developing States.

Weight: 324g
Dimension: 232 x 154 x 14 (mm)
ISBN-13: 9781032003979