The Crisis Hits Home

The Crisis Hits Home

4.11 - 1251 ratings - Source

The crisis threatens the welfare of about 160 million people in the Europe and Central Asia region and a new round of price increases triggered by currency adjustments is expected. However, compared with previous crises, households and governments alike face difficult choices over spending priorities.In fact, there exists a growing literature on the welfare impact of credit constraints among households, particularly in a downturn when households are ... in local currency.17 On the banksa#39; side, at the height of the expansion in household credit , there appeared little interest in reducing their exposure to ... EU10 CIS Other Belarus Kazakhstan Serbia Ukraine Belarus Kazakhstan Serbia Ukraine Before After.

Title:The Crisis Hits Home
Publisher:World Bank Publications - 2010


You Must CONTINUE and create a free account to access unlimited downloads & streaming