floods, with real GDP growing by 6.5 percent. Private consumption rose 6.7 percent, reflecting pent-up demand and government … investment grew by 14.4 percent. With growth driven by domestic demand, the current account surplus is expected to reach a small …

cooperative banks in Cyprus. Credit risk appears as the main source of risk in the banking sector, with demand for real estate …

and amplifying the capital flow shocks to the local economy in the 1997 Asia financial crisis. It finds that a sudden stop …

This paper analyses the effect of asset prices on credit growth in France and tries to disentangle credit demand and … during periods of financial instability only, even after controlling for credit demand effects. These results show that … credit demand factors do play a large role but also provide evidence of tighter credit constraints on households in financial …