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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Главный автор: Arvai, Zsofia
Другие авторы: Katayama, Kentaro, Prasad, Ananthakrishnan
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2014.
Серии:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/001
Online-ссылка:Full text available on IMF