Republic of Slovenia: Selected Issues and Statistical Appendix

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 254

Publication date: July 2005

ISBN: 9781451835762

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Economics- Macroeconomics , Money and Monetary Policy , ISCR , CR , credit growth , deposit , Slovenia , private sector , private sector credit , section D , growth variable , Credit-to-GDP ratio , growth measure , demand growth , Credit , Consumer credit , Mutual funds , Private consumption , Loans , Baltics

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Summary

This Selected Issues paper discusses several features of the Slovene economy that may explain the weak relationship between credit and domestic demand growth. It reviews credit growth developments in Slovenia and in selected European Union new member states, and compares their experiences with that of noncore euro area countries, including Ireland, Greece, Portugal, and Spain, before their adoption of the euro. Findings on the relationships between credit and domestic demand based on simple correlation and regression analyses are also presented.