Showing 1 - 10 of 6,009
This paper questions the view that leverage should have forewarned us of the global financial crisis of 2007-09, pointing to several gearing indicators that were neither useful portents of the onset of the crisis nor of its ferocity. Instead it shows, first, that the use of ill-suited collateral...
Persistent link: https://www.econbiz.de/10010790365
This 2004 Article IV Consultation highlights that from 1999 to 2002, Korea’s economy grew rapidly, by an average of 7¼ percent per year. But starting in 2003, the economy has begun to sputter. Growth suddenly stopped in the first half of the year, leapt ahead in the second half as...
Persistent link: https://www.econbiz.de/10005252883
Credit is tightening, but there is a fine line between tighter credit and a so-called credit crunch. …
Persistent link: https://www.econbiz.de/10005411042
The Kyrgyz Republic is emerging from a deep political crisis. In April 2010, a popular uprising toppled the previous regime and internal ethnic conflict in June 2010 exacerbated the already difficult political situation. The crisis has adversely affected economic activity and near-term growth...
Persistent link: https://www.econbiz.de/10011242611
Persistent link: https://www.econbiz.de/10005501664
consequences of spending, saving, borrowing, insuring, and investing. Ultimately, this monograph is on the financial requirements …
Persistent link: https://www.econbiz.de/10011078384
В статье рассмотрены актуальные вопросы функционирования системы кредитования в России и ее роли в стимулировании и развитии малого предпринимательства....
Persistent link: https://www.econbiz.de/10011011914
Purpose – Informal credit markets are very active in many developing countries, including China. Informal financial … associations have become a major channel of borrowing. Using data from the 2006 Rural Household Survey, the purpose of this paper … is to investigate farmers' borrowing choices between banks, relatives/friends and informal associations. Design …
Persistent link: https://www.econbiz.de/10010814720
matter of course. In part, it is believed that a preference for informal borrowing is related to some forms of credit …Purpose – The purpose of this paper is to investigate the economic significance of informal borrowing between friends … evidence of a “small farm bias” in the use of informal credit, but the paper cannot generalize this to credit rationing as a …
Persistent link: https://www.econbiz.de/10008464915
Persistent link: https://www.econbiz.de/10005719494