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Titlebook: Rapid Credit Growth in Central and Eastern Europe; Endless Boom or Earl Charles Enoch,İnci Ötker-Robe Book 2007 Palgrave Macmillan, a divis

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Rapid Credit Growth—The Role of Supervisorsn banking supervision and the role of bank supervisors. The conclusion is that since the objective of banking supervision is to maintain a sound banking system, prudential regulations should not be used to correct imbalances in the economy or to substitute macroeconomic policies.
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Fast Credit Expansion in Central and Eastern Europe: Catching-up, Sustainable Financial Deepening, oe become a key policy issue across the CEE region. In particular, the question arises whether or not the observed credit expansion can be viewed as excessive, that is, disconnected from economic fundamentals, or whether it reflects catching-up effects due to low initial credit-to-GDP ratios and sustainable financial deepening.
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Poland’s Experiences with Rapid Credit Growth—The 1996–97 Episodeouseholds increase their current consumption and finance it with bank loans (according to the consumption smoothing hypothesis). In many cases, an accompanying investment boom arises and creates additional demand for bank loans.
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