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...
Main Authors: | , |
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Format: | Policy Research Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2013
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Subjects: | |
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 |