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The 1997-1998 Asian financial crisis exposed serious deficiencies in the insolvency systems of many countries. In response, many governments have undertaken sweeping reforms to strengthen their insolvency systems and rebuild their economies, including promulgating new laws, introducing new procedures to facilitate restructuring, strengthening courts and related institutions, and recapitalising financial institutions. This volume
The first meeting of FAIR took place in Bali, Indonesia, on 7-8 February 2001. Participants took stock of insolvency reforms in the Asian region, discussed ways to improve the role of judiciary in insolvency procedures, and reviewed progress in Indonesia's efforts to improve its bankruptcy rules.
Participants at this conference discussed a comparative update of company law reform in OECD countries, shared experiences and commented on OECD work in related areas, including corporate governance.
The Eurasian Corporate Governance Roundtable was launched in Kiev on 19-20 October 2000. Over 100 leading government and private sector representatives from Ukraine and other Eurasian countries, along with selected international counterparts, academics, international financial institutions and OECD member countries experts took part in the meeting, which was hosted by the Ukrainian Cabinet of Ministers.
The OECD Advisory Group on Privatisation met in Hungary on 19-20 September 2000 to discuss the changing pattern of state asset management by comparing policies across a large number of countries.
On 11-12 May 2000, senior government officials from Germany, Italy, France, Korea and other OECD economies met with their counterparts from Indonesia, Thailand and other key APEC economies to exchange experiences on privatising state-owned enterprises and developing capital markets.
The first meeting of the Latin American Corporate Governance Roundtable was held in São Paulo, Brazil 26-28 April, 2000. The Roundtable was co-hosted by the São Paulo Stock Exchange (Bovespa) with the support of the Securities and Exchange Commission of Brazil and the Brazilian Institute of Corporate Governance.
This meeting focused on recent developments in insolvency reform and recommended measures to strengthen insolvency systems.
This meeting explored the impact of privatisation on the changing landscape of global capital markets and the interrelation between pension systems reform and privatisation.
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This paper by Stilpon Nestor and Ladan Mahboobi discusses the development of the public policy debate on the ownership and control of utilities and the case for their privatisation.