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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Detalles Bibliográficos
Autor principal: Arvai, Zsofia
Otros Autores: Katayama, Kentaro, Prasad, Ananthakrishnan
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2014.
Colección:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/001
Acceso en línea:Full text available on IMF