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The Impact of Directed Lending on Long-run Growth in Belarus
Kruk, Dzmitry - Belarusian Economic Research and Outreach Center - 2011
The study deals with a specific form of financial repression peculiar to Belarus – a mechanism of directed loans. Under …. Finally, we show that in Belarus the mechanism of directed lending may result in the decline of growth rates of the economy in …
Persistent link: https://www.econbiz.de/10010722020
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The Outcome of Directed Lending in Belarus: Mitigating Recession or Dampening Long-Run Growth?
Kruk, Dzmitry; Haiduk, Kiryl - Belarusian Economic Research and Outreach Center - 2013
This study analyzes the effects of directed lending upon total factor productivity and GDP growth in Belarus over the …
Persistent link: https://www.econbiz.de/10010739882
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The outcome of directed lending in Belarus : mitigating recession or dampening long-run growth?
Kruk, Dzmitry; Haiduk, Kiryl - 2013
Persistent link: https://www.econbiz.de/10009724518
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Crisis Response Policies in Russia, Ukraine, Kazakhstan and Belarus – Stock-Taking and Comparative Assessment
Holzhacker, Hans; Lytvyn, Olena; Barisitz, Stephan; … - Oesterreichische Nationalbank
This study focuses on comparing and assessing the policy measures Russia, Ukraine, Kazakhstan and Belarus took in … the oil importers Ukraine and Belarus stayed under pressure – giving rise to intermittent interventions. Opposing – if …: Although measuring recapitalization costs is not unproblematic, systems dominated by state-owned banks (Russia, Belarus) appear …
Persistent link: https://www.econbiz.de/10010727703
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Crisis Response Policies in Russia, Ukraine, Kazakhstan and Belarus – Stock-Taking and Comparative Assessment
Barisitz, Stephan; Holzhacker, Hans; Lytvyn, Olena; … - In: Focus on European Economic Integration (2010) 4, pp. 48-77
This study focuses on comparing and assessing the policy measures Russia, Ukraine, Kazakhstan and Belarus took in … importers Ukraine and Belarus stayed under pressure – giving rise to intermittent interventions. Opposing – if hitherto … measuring recapitalization costs is not unproblematic, systems dominated by state-owned banks (Russia, Belarus) appear to have …
Persistent link: https://www.econbiz.de/10008756373
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The finance-growth nexus revisited: From origins to a modern theoretical landscape
Stolbov, Mikhail - 2012
The paper is a survey of theoretical and empirical approaches applied to analyze the impact of financial system on economic growth. The key issues of the modern theories of the finance-growth nexus are discussed and the theories are classified on the basis of the methodology they rely on. The...
Persistent link: https://www.econbiz.de/10010310319
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The finance-growth nexus revisited: From origins to a modern theoretical landscape
Stolbov, Mikhail - In: Economics: The Open-Access, Open-Assessment E-Journal 7 (2013) 2013-2, pp. 1-22
The paper recounts the history of the finance-growth nexus research from its origins to the yearly 1990s. The contributions are analyzed in connection with the socioeconomic context and advances in economic theory. Many ideas first expressed decades ago are still subject to constant discussions...
Persistent link: https://www.econbiz.de/10010311172
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Savings and economic growth nexus in a small opening economy : the case of financial repression versus financial liberalization episodes in Nigeria
Ajide, Kazeem Bello - In: International journal of economics 8 (2014) 1, pp. 63-77
Persistent link: https://www.econbiz.de/10010422127
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Does financial repression inhibit or facilitate economic growth? : a case study of Chinese reform experience
Huang, Yiping; Wang, Xun - In: Oxford bulletin of economics and statistics 73 (2011) 6, pp. 833-855
Persistent link: https://www.econbiz.de/10009389656
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The aftermath of debt surges
Kose, M. Ayhan; Ohnsorge, Franziska; Reinhart, Carmen M.; … - 2021
Debt in emerging market and developing economies (EMDEs) is at its highest level in half a century. In about nine out of 10 EMDEs, debt is higher now than it was in 2010 and, in half of the EMDEs, debt is more than 30 percentage points of gross domestic product higher. Historically, elevated...
Persistent link: https://www.econbiz.de/10012655299