Holdings: Too Much of a Good Thing? Credit Booms in Transition Economies

Too Much of a Good Thing? Credit Booms in Transition Economies: The Cases of Bulgaria, Romania, and Ukraine

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 d...

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Main Author:	Duenwald, Christoph (Author)
Format:	Electronic eBook
Language:	English
Published:	Washington, D.C International Monetary Fund 2005
Series:	IMF Working Papers Working Paper No. 05/128
Online Access:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Summary:	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
Physical Description:	1 Online-Ressource (33 p)
ISBN:	1451861478 9781451861471

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spelling	Duenwald, Christoph Verfasser aut Too Much of a Good Thing? Credit Booms in Transition Economies The Cases of Bulgaria, Romania, and Ukraine Duenwald, Christoph Washington, D.C International Monetary Fund 2005 1 Online-Ressource (33 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 05/128 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 Online-Ausg Gueorguiev, Nikolay Sonstige oth Schaechter, Andrea Sonstige oth http://elibrary.imf.org/view/IMF001/07426-9781451861471/07426-9781451861471/07426-9781451861471.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Duenwald, Christoph Too Much of a Good Thing? Credit Booms in Transition Economies The Cases of Bulgaria, Romania, and Ukraine
title	Too Much of a Good Thing? Credit Booms in Transition Economies The Cases of Bulgaria, Romania, and Ukraine
title_auth	Too Much of a Good Thing? Credit Booms in Transition Economies The Cases of Bulgaria, Romania, and Ukraine
title_exact_search	Too Much of a Good Thing? Credit Booms in Transition Economies The Cases of Bulgaria, Romania, and Ukraine
title_exact_search_txtP	Too Much of a Good Thing? Credit Booms in Transition Economies The Cases of Bulgaria, Romania, and Ukraine
title_full	Too Much of a Good Thing? Credit Booms in Transition Economies The Cases of Bulgaria, Romania, and Ukraine Duenwald, Christoph
title_fullStr	Too Much of a Good Thing? Credit Booms in Transition Economies The Cases of Bulgaria, Romania, and Ukraine Duenwald, Christoph
title_full_unstemmed	Too Much of a Good Thing? Credit Booms in Transition Economies The Cases of Bulgaria, Romania, and Ukraine Duenwald, Christoph
title_short	Too Much of a Good Thing? Credit Booms in Transition Economies
title_sort	too much of a good thing credit booms in transition economies the cases of bulgaria romania and ukraine
title_sub	The Cases of Bulgaria, Romania, and Ukraine
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