What Drives Interest Rate Spreads in Pacific Island Countries? : An Empirical Investigation /

Growth has been sluggish in Pacific island countries (PICs). High cost of credit is likely one of the reasons. While the small scale, geographic dispersion, and vulnerability to shocks increase the cost and risk of credit in this country group, there is considerable variability in interest rate spre...

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Hlavní autor: Jamaludin, Fazurin
Další autoři: Klyuev, Vladimir, Serechetapongse, Anuk
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2015.
Edice:IMF Working Papers; Working Paper ; No. 2015/096
On-line přístup:Full text available on IMF