Macroprudential Policy in the GCC Countries /

As undiversified commodity exporters, GCC economies are prone to pro-cyclical systemic risk in the financial system. During periods of high hydrocarbon prices, favorable economic prospects make the financial sector keen to lend, leading to higher domestic credit growth and easier access to external...

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Hlavní autor: Arvai, Zsofia
Další autoři: Katayama, Kentaro, Prasad, Ananthakrishnan
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2014.
Edice:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/001
On-line přístup:Full text available on IMF