Assessing the Risk of Private Sector Debt Overhang in the Baltic Countries /

Between 2000 and 2007 nonfinancial private sector credit expanded rapidly in the Baltic countries, resulting in a non-negligible build-up of debt. Could this legacy debt hold back the economic recovery of the region? This paper analyzes the setting in each of the three countries and, with the help o...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Herzberg, Valerie
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2010.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2010/250
ऑनलाइन पहुंच:Full text available on IMF
विवरण
सारांश:Between 2000 and 2007 nonfinancial private sector credit expanded rapidly in the Baltic countries, resulting in a non-negligible build-up of debt. Could this legacy debt hold back the economic recovery of the region? This paper analyzes the setting in each of the three countries and, with the help of an experimental Debt Overhang Index (DOI), draws tentative conclusions for domestic demand.
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भौतिक वर्णन:1 online resource (35 pages)
स्वरूप:Mode of access: Internet
आईएसएसएन:1018-5941
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