Problem Loans in the Caribbean Determinants Impact and Strategies for Resolution is popular PDF and ePub book, written by Ms.Kimberly Beaton in 2017-11-07, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Problem Loans in the Caribbean Determinants Impact and Strategies for Resolution can be Read Online from any device for your convenience.
Problem Loans in the Caribbean Determinants Impact and Strategies for Resolution Book PDF Summary
The high level of nonperforming loans (NPLs) in the Caribbean has been, in large part, a legacy of the global financial crisis, but their persistence owes much to the weak economic recovery in the region, as well as to structural obstacles to their resolution. A comprehensive strategy is needed to address these impediments to sever the adverse feedback loops between weak economic activity and weak asset quality. This paper finds that NPLs are a drag on Caribbean growth and macro-financial links are strong: a deterioration in asset quality hinders bank lending and dampens economic activity, undermining, in turn, efforts to resolve problem loans. A multifaceted approach is needed, involving a combination of macro- economic policies to support growth and employment; strong supervisory frameworks to ensure macro-financial stability and create incentives for resolution; efforts to address informational gaps and deficiencies in insolvency and debt-enforcement frameworks; and development of markets for distressed loans. The institutional capacity constraints require coordination of reforms within the region and support from international organizations through capacity-building.
Detail Book of Problem Loans in the Caribbean Determinants Impact and Strategies for Resolution PDF
- Author : Ms.Kimberly Beaton
- Release : 07 November 2017
- Publisher : International Monetary Fund
- ISBN : 9781484327029
- Genre : Business & Economics
- Total Page : 54 pages
- Language : English
- PDF File Size : 10,8 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Problem Loans in the Caribbean Determinants Impact and Strategies for Resolution by Ms.Kimberly Beaton, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.