Credit Expansion in Emerging Markets : Propeller of Growth? /
This paper explores the contribution of credit growth and the composition of credit portfolio (corporate, consumer, and housing credit) to economic growth in emerging market economies (EMs). Using cross-country panel regressions, we find significant impact of credit growth on real GDP growth, with t...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2015.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2015/212 |
| Accès en ligne: | Full text available on IMF |