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Lessons from Country Experiences with Rapid Credit Growth, and Policy Implications

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Rapid Credit Growth in Central and Eastern Europe

Part of the book series: Procyclicality of Financial Systems in Asia ((IMF))

Abstract

The chapters in this volume set out a wide range of country experiences and of measures taken to cope with rapid credit growth. In this concluding chapter, we discuss some common themes that emerge from the experiences of the countries in Central, Eastern, and South-eastern Europe (CEE) as well as those of the three countries in the euro zone that have been also experiencing rapid credit growth in recent years—Greece, Portugal, and Spain (GPS). We draw some tentative policy conclusions.

Both International Monetary Fund (IMF).

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Charles Enoch İnci Ötker-Robe

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© 2007 Charles Enoch and İnci Ötker-Robe

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Enoch, C., Ötker-Robe, İ. (2007). Lessons from Country Experiences with Rapid Credit Growth, and Policy Implications. In: Enoch, C., Ötker-Robe, İ. (eds) Rapid Credit Growth in Central and Eastern Europe. Procyclicality of Financial Systems in Asia. Palgrave Macmillan, London. https://doi.org/10.1057/9781137001542_23

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