This book represents the latest developments and policy debate on a
very current issue: the rapid growth of banking sector credit to
the private sector, which continues to occupy the minds of
academics and policymakers alike in many Central and Eastern
European (CEE) countries. The contributions, from the
representatives of international organizations and monetary and
supervisory authorities of a number of Western and CEE countries,
discuss ways to assess and respond to excessive credit growth. Case
studies represent the challenges faced by policymakers in dealing
with rapid credit growth, providing useful lessons for other
countries experiencing a similar phenomenon.
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