Bank Deleveraging : Causes, Channels, and Consequences for Emerging Market and Developing Countries
Just before the 2008-09 global financial crisis, policymakers were concerned about the rapid growth of bank credit, particularly in Europe; now worry centers on a potential global credit crunch led by European banking institutions. Overall, credit conditions across Europe deteriorated markedly in la...
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| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2012/06/16364130/bank-deleveraging-causes-channels-consequences-emerging-market-developing-countries http://hdl.handle.net/10986/9317 |