登入選單
返回Google圖書搜尋
Too Much of a Good Thing? Credit Booms in Transition Economies
Nikolay GueorguievMr.Christoph DuenwaldMs.Andrea Schaechter
其他書名
The Cases of Bulgaria, Romania, and Ukraine
出版International Monetary Fund, 2005-06-01
主題Business & Economics / Money & Monetary PolicyBusiness & Economics / Banks & BankingBusiness & Economics / Industries / Financial Services
ISBN14518614789781451861471
URLhttp://books.google.com.hk/books?id=sjrdzAEACAAJ&hl=&source=gbs_api
註釋Rapid credit growth in Bulgaria, Romania, and Ukraine has been driven by successful macroeconomic stabilization, robust growth, and capital inflows. While financial deepening is both expected and welcome, the recent expansions appear to have been excessive, as evidenced by widening current account deficits in Bulgaria and Romania, and prudential concerns in Ukraine. Policy responses have included attempts to both moderate credit growth and offset its impact on domestic demand, with mixed success thus far.