Assessing the Risk of Private Sector Debt Overhang in the Baltic Countries /

Between 2000 and 2007 nonfinancial private sector credit expanded rapidly in the Baltic countries, resulting in a non-negligible build-up of debt. Could this legacy debt hold back the economic recovery of the region? This paper analyzes the setting in each of the three countries and, with the help o...

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Bibliographic Details
Main Author: Herzberg, Valerie
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Working Papers; Working Paper ; No. 2010/250
Online Access:Full text available on IMF