Recent episodes of credit card distress in Asia

Tae Soo Kang and Guonan Ma

BIS Quarterly Review, 2007

Abstract: Not only has credit card lending in Asia grown rapidly, but also several episodes of sharp booms and busts have been experienced, posing new risks to financial stability. Policymakers need to learn more about the risks arising from this type of consumer lending and respond with appropriate prudential measures.

JEL-codes: D14 G14 G23 G28 (search for similar items in EconPapers)

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