Macroprudential policy in the GCC countries /
As undiversified commodity exporters, GCC economies are prone to pro-cyclical systemic risk in the financial system. During periods of high hydrocarbon prices, favorable economic prospects make the financial sector keen to lend, leading to higher domestic credit growth and easier access to external...
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Corporate Author: | |
Other Authors: | , |
Format: | Electronic eBook |
Language: | English |
Published: |
[Washington, D.C.] :
International Monetary Fund,
[2014]
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Series: | IMF staff discussion note ;
SDN/14/01. |
Subjects: | |
Online Access: | CONNECT |