Series: IMF Working Papers
Author(s): Joe Crowley
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 July 2008
Keywords: Economic growth, Consumer credit, Credit expansion, Credit, Capital flows, Private sector, Oil exports, Oil, North Africa, Middle East and Central Asia
Rapid private sector credit growth in the Middle East, North Africa, and Central Asia has been a result of strong economic growth, financial deepening, and banks' willingness to explore consumer credit markets. Eco...