About this document
Impact of Credit Growth on Current Account by malikabdulkarim is a document available to read on EtoBox.
The document discusses the dynamics and determinants of current account balances, emphasizing the significant impact of credit growth, particularly in developing countries. It highlights the need for effective monetary and macroprudential policies to mitigate external imbalances during early financial development stages. Additionally, it critiques the use of credit-to-GDP gaps as indicators for macroprudential policy, suggesting improvements for more reliable decision-making.
- Author
- malikabdulkarim
- Language
- EN