Credit Growth in Serbia: Trend or Boom?

Mirjana Palic
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Mirjana Palic: National Bank of Serbia

Working papers from National Bank of Serbia

Abstract: The paper gives an overview of the main features of credit growth in transition economies, with special emphasis on developments in Serbia. It aims to evaluate the current pace of credit growth and its potential adverse impact on macroeconomic stability. Findings of the analysis indicate that, despite strong growth in lending to the private sector, Serbia is not experiencing a credit boom, as high figures are mainly attributable to the convergence process and low starting point at the outset of transition. This implies scope for further expansion in lending.

Keywords: credit growth; credit boom; convergence trend (search for similar items in EconPapers)
Pages: 22 pages
Date: 2007-12
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Persistent link: https://EconPapers.repec.org/RePEc:nsb:wppnbs:8

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