"The authors study the effect of financial crises on trade credit in a sample of 890 firms in six emerging economies …. They find that although provision of trade credit increases right after the crisis, it consequently collapses in the … short-term debt and low cash stocks and cash flows) are more likely to reduce trade credit provided to their customers. This …

private housing finance market participants. It offers observations of the recent Europe and Central Asia (ECA) market … real estate market evolutions are intricately linked with the cyclicality of the mortgage credit (and with the broad …

The global financial crisis severely affected economies in Eastern Europe and Central Asia (ECA). Currencies … public debt. Tightening credit supply and deteriorating financial conditions have limited the ability to borrow in the public …