The Credit Boom in the EU New Member States : Bad Luck or Bad Policies?
In the past decade, most of the EU New Member States experienced a severe credit-boom bust cycle. This paper argues that the credit boom-bust cycle was to a large extent the result of factors external to the region ('bad luck'). Rapid credit growth followed from a high liquidity in global...
| Συγγραφή απο Οργανισμό/Αρχή: | |
|---|---|
| Μορφή: | Επιστημονικό περιοδικό |
| Γλώσσα: | English |
| Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2010.
|
| Σειρά: | IMF Working Papers; Working Paper ;
No. 2010/130 |
| Διαθέσιμο Online: | Full text available on IMF |