It takes the average reader and 21 minutes to read Recent Credit Stagnation in the Mena Region by Mr.Heiko Hesse
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This paper examines the recent credit slowdown among Middle Eastern and North African (MENA) countries from three analytical angles. First, it finds that, similar to other regions and to its past history, a credit boom preceded the current slowdown, and that a protracted period of sluggish growth is likely going forward. Second, it uncovers a key role played by bank funding (deposit growth and external borrowing slowed considerably) but whose effect was frequently dampened by expansionary monetary policy. Third, bank-level fundamentals - capitalization and loan quality - helped to explain differences in credit growth across banks and countries.
Recent Credit Stagnation in the Mena Region by Mr.Heiko Hesse is 21 pages long, and a total of 5,271 words.
This makes it 7% the length of the average book. It also has 6% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 28 minutes to read Recent Credit Stagnation in the Mena Region aloud.
Recent Credit Stagnation in the Mena Region is suitable for students ages 8 and up.
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