01615cas a2200253 a 4500 AALejournalIMF015005 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498337984 1018-5941 BD-DhAAL BD-DhAAL Jassaud, Nadege. A Strategy for Developing a Market for Nonperforming Loans in Italy / Nadege Jassaud, Kenneth Kang. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (31 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Addressing the buildup of nonperforming loans (NPLs) in Italy since the global financial crisis will remain a challenge for some time and be important for supporting a sustained, robust economic recovery. The buildup reflects both the prolonged recession as well as structural factors that have held back NPL write-offs by banks. The paper discusses the impediments to NPL resolution in Italy and a strategy for fostering a market for restructuring distressed assets that could support corporate and financial restructuring. Mode of access: Internet Kang, Kenneth. IMF Working Papers; Working Paper ; No. 2015/024 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/024/001.2015.issue-024-en.xml IMF e-Library