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Credit Growth in the Middle East, North Africa, and Central Asia Region High quality books

Credit Growth in the Middle East, North Africa, and Central Asia Region
By:Joe Crowley
Published on 2008-07 by International Monetary Fund

Rapid private sector credit growth in the Middle East, North Africa, and Central Asia has been a result of strong economic growth, financial deepening, and banks’ willingness to explore consumer credit markets. Economic growth, the initial ratio of private sector credit to GDP, price volatility, and nonoil exports are found to be significant explanatory variables, while oil exports and spillovers from oil exporting neighbors were not found to have any significance. The credit growth has financed consumer spending and home ownership rather than investment.

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Book ID of Credit Growth in the Middle East, North Africa, and Central Asia Region's Books is nVtDje2ZWBAC, Book which was written byJoe Crowleyhave ETAG "0ktFaer/OlY"

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