Showing 1 - 10 of 66
Low investment rates are limiting Brazil’s future potential growth rate. This paper analyses a number of potential … reasons for these low investment rates and discusses policy options to achieve faster capital accumulation. A shortage of … domestic saving appears to be a major constraint to higher investment rates in Brazil. Due to high levels of current …
Persistent link: https://www.econbiz.de/10009350673
Slovenia is facing the legacy of a boom-bust cycle that has been compounded by weak corporate governance of state-owned banks. The levels of non-performing loans and capital adequacy ratios compare poorly in international perspective and may deteriorate further, which could require significant...
Persistent link: https://www.econbiz.de/10011276799
possible to finance internationally high levels of consumption and investment relative to gross domestic product (GDP) through … banks vulnerable to shifts in investor sentiment. However, investment and credit were mostly directed to sheltered sectors … commitments, this will require reforming public policies that have long distorted investment allocation, ensuring that banks …
Persistent link: https://www.econbiz.de/10011276804
Policy efforts to revitalise entrepreneurship and investment in Spain are key to generating growth and new jobs. The …
Persistent link: https://www.econbiz.de/10011276814
Dutch banks were put under heavy strains early in the global downturn and have comparatively weak financial buffers to cope with new shocks. Falling house prices have increased the share of households with negative home equity to nearly 35% for home-owning households and 40% for mortgage...
Persistent link: https://www.econbiz.de/10011276851
House prices have increased significantly in Canada over the past decade, driving household debt and residential construction activity to historical highs. Although macro-prudential tightening has slowed the pace of household borrowing in the last few years, house prices have continued to trend...
Persistent link: https://www.econbiz.de/10011276860
prices and investment recovered to reach new peaks. This paper uses a small econometric model to assess the role of … fundamentals in housing price and investment developments. Current housing valuations and residential investment are broadly in …
Persistent link: https://www.econbiz.de/10011276861
How far to go – and to remain – in the direction of highly expansionary monetary policy hinges on the balance of marginal benefits and costs of additional monetary easing and its expected evolution over time. This paper sketches a framework for assessing this balance and applies it to four...
Persistent link: https://www.econbiz.de/10011276907
Ireland is recovering from an extremely large banking crisis born of over-exuberant property lending. The government has taken a wide range of measures to tackle the crisis over the past 3 years. Larger bad property loans have been transferred to a government controlled “bad bank”, NAMA, and...
Persistent link: https://www.econbiz.de/10011276927
This Working Paper studies ways to stimulate the private rental sector (PRS) of the housing market – and compares experiences with policies and reforms in Germany, the Netherlands, Finland and the Czech Republic. Although in many countries the PRS has decreased in importance since the Second...
Persistent link: https://www.econbiz.de/10011276945