How Long to Read Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects

How Long Does it Take to Read Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects?

It takes the average reader and 38 minutes to read Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects by José Garrido

Assuming a reading speed of 250 words per minute. Learn more

Description

One consequence of interest rates remaining "too low for too long" since the Global Financial Crisis is the buildup in private leverage in emerging economies. These vulnerabilities have been laid bare by the COVID-19 shock. This paper employs the growth at risk framework (Adrian, Boyarchenko, and Giannone, 2019) to examine how different types of private leverage present risks to future GDP growth in Asian economies. We find evidence that private leverage can boost GDP growth in the near term, but can increase the risks of low growth over the medium term. For our sample, we also find that household debt poses a larger drag on future GDP growth than corporate debt. In the second part of the paper, we provide an overview of a strategy for prevention and resolution of over-indebtedness, with a focus on legal tools, and with considerations to account for the consequences of the COVID-19 pandemic. Using a novel cross-country survey, we examine the role of legal techniques to prevent and treat corporate and household over-indebtedness, benchmarking those in ASEAN-5, China, India, Japan and Korea against international best practice. The analysis can inform a country-specific prioritized approach to strengthening legal frameworks.

How long is Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects?

Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects by José Garrido is 37 pages long, and a total of 9,509 words.

This makes it 12% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 51 minutes to read Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects aloud.

What Reading Level is Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects?

Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects?

Tackling Private Over-Indebtedness in Asia: Economic and Legal Aspects by José Garrido is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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