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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Bibliografiska uppgifter
Huvudupphovsman: Arvai, Zsofia
Övriga upphovsmän: Katayama, Kentaro, Prasad, Ananthakrishnan
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2014.
Serie:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/001
Länkar:Full text available on IMF