Paraguay : Selected Issues

Selected Issues

Paraguay : Selected Issues
This Selected Issues paper for Paraguay discusses how capital inflows contributed to credit expansions. Capital inflows contribute to a rapid expansion of private credit, exacerbating credit and business cycles. These effects are stronger under more rigid exchange rate arrangements and in economies that are more closed to trade. Macroeconomic... READ MORE...

Publication date: August 2012
ISBN 9781475506808
$18.00

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