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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Arvai, Zsofia
Outros Autores: Katayama, Kentaro, Prasad, Ananthakrishnan
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2014.
Colecção:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/001
Acesso em linha:Full text available on IMF