Credit-less Recoveries : Neither a Rare nor an Insurmountable Challenge

This paper examines why some countries experience economic recoveries without pick-up of bank credit (credit-less) and how different this recovery pattern is from the case where credit is increased as an economy recovers (credit-with). To answer th...

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Bibliographic Details
Main Authors: Sugawara, Naotaka, Zalduendo, Juan
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2013/05/17752510/credit-less-recoveries-neither-rare-nor-insurmountable-challenge
http://hdl.handle.net/10986/15597

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