Credit growth in the Middle East, North Africa, and Central Asia region / prepared by Joseph Crowley.

Rapid private sector credit growth in the Middle East, North Africa, and Central Asia has been a result of strong economic growth, financial deepening, and banks' willingness to explore consumer credit markets. Economic growth, the initial ratio of private sector credit to GDP, price volatility...

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Bibliographic Details
Main Author: Crowley, Joe (Author)
Corporate Author: International Monetary Fund. Monetary and Capital Markets Department
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, Monetary and Capital Markets Dept., 2008.
©2008
Series:IMF working paper ; WP/08/184.
Subjects:
Online Access:Click for online access
Table of Contents:
  • I. Introduction
  • II. Background
  • III. Overview of private sector growth in the region
  • IV. Public sector credit growth
  • V. Analysis of factor determining credit growth
  • VI. Tests for regional spillovers from oil
  • VII. Investment
  • VIII. Current accounts
  • IX. Structural variables
  • X. Prudential indicators and profitability
  • XI. Interest rates and inflation
  • XII. Public sector involvement and foreign banks
  • XIII. An analysis of the components of private sector credit growth
  • XIV. Outlook for the future
  • XV. Policy implications
  • XVI. Summary and conclusions
  • XVII. Topics for further investigation.