Determinants of Foreign Currency Borrowing in the New Member States of the EU /

The paper investigates the determinants of foreign currency borrowing by the private sector in the new member states of the European Union. We find that striking differences in patterns of foreign currency borrowing between countries are explained by the loan-to-deposit ratios, openness, and the int...

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Bibliographic Details
Main Author: Rosenberg, Christoph
Other Authors: Tirpak, Marcel
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/173
Online Access:Full text available on IMF