RESTRUCTURING RURAL FINANCIAL INSTITUTIONS

Models of Rural Financial Institutions

Perspectives on Financial Restructuring

As Henry Kissinger used to say in our White House staff meetings, when discussing economics, "It is with an unaccustomed sense of humility that I address you on this subject." This distinguished group of scholars and practitioners, all pros on the subject of financial restructuring, requires me to approach the subject in the same way. While my background gave me a certain familiarity with the w...

Financial Restructuring: The Japanese Experience

Factors leading to financial reform The financial system of a country, regardless of time or place, is maintained to meet the economic conditions of that country. In the process of economic development, however, there occur new economic or technological conditions that foster change of the financial system: the coherence between the old financial system and the new conditions breaks down; inter...

Business Restructuring as a Method of Strengtening Company’s Financial Position

Restructuring  is relevant for companies that have free capital and need to expand for development purposes, as well as for companies that have relatively large problems with financial results and the relevant indicators indicate the necessary changes. Motives of the restructuring may be different, the authors put forward the following reasons: operation operational synergy, financial synergy, ...

Financial Markets, Institutions and Liquidity

One important reason for the global impact of the 2007–2009 financial crisis was massive illiquidity in combination with an extreme exposure of many financial institutions to liquidity needs and market conditions. As a consequence, many financial instruments could not be traded anymore; investors ran on a variety of financial institutions, particularly in wholesale markets; financial institutio...