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...

Повний опис

Бібліографічні деталі
Автор: Arvai, Zsofia
Інші автори: Katayama, Kentaro, Prasad, Ananthakrishnan
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2014.
Серія:Staff Discussion Notes; Staff Discussion Notes ; No. 2014/001
Онлайн доступ:Full text available on IMF