This White Paper considers the problem of corporate debt overhang and discusses the policy tools to address it. Corporate debt overhang describes the scenario in which a company’s debts are so great that they deter new lenders, affect corporate decision-making, and stifle new investment. At scale, this phenomenon can compromise economic recovery. A greater level of debt can be tolerated in a booming economy, where returns on investment are high, but...
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INFORMATION
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2022/02/28
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Rapport
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175596
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1
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2022/08/30
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Disclosed
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Addressing the Corporate Debt Overhang