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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Detalles Bibliográficos
Autor Principal: Jamaludin, Fazurin
Outros autores: Klyuev, Vladimir, Serechetapongse, Anuk
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/096
Acceso en liña:Full text available on IMF