High credit growth in Emerging Europe, generally considered a sign of catching-up with the "old" Europe, has begun receiving considerable attention among investors and policymakers alike. Given heightened global risks and the demands under the European Union accession process, the need to...

Ausführliche Beschreibung

Bibliographische Detailangaben

1. Verfasser:	Skamnelos, Ilias (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C The World Bank 2007
Schlagworte:	Access to Finance Banking Sector Bankruptcy and Resolution of Financial Distress Banks and Banking Reform Credit Growth Credit Rating Currencies and Exchange Rates Debt Markets Finance and Financial Sector Development Financial contagion Financial crises Financial crisis Financial stability International Bank International financial institutions Market economy
Online-Zugang:	Volltext
Zusammenfassung:	High credit growth in Emerging Europe, generally considered a sign of catching-up with the "old" Europe, has begun receiving considerable attention among investors and policymakers alike. Given heightened global risks and the demands under the European Union accession process, the need to better understand this high credit growth's drivers, riskiness, and the possible macroeconomic and financial stability consequences is strong. The authors adopt a holistic approach in reviewing the rapid credit growth experienced in the region, examining macroeconomic, financial sector, corporate sector, and asset market consequences and possible vulnerabilities. They consider three possible scenarios-a catching-up with older European countries, a soft landing as experienced by Portugal in the early 2000s, and a hard landing as experienced by Asia in 1997
Beschreibung:	Weitere Ausgabe: Skamnelos, Ilias: Credit growth in emerging Europe
Beschreibung:	1 Online-Ressource (47 Seiten)