Republic of Slovenia: Selected Issues

May 15, 2017

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Republic of Slovenia: Selected Issues, (USA: International Monetary Fund, 2017) accessed November 21, 2024

Summary

This Selected Issues paper takes the case of Slovenia to analyze credit growth and economic recovery in Europe. The findings reveal that following the global financial crisis recovery in Slovenia significantly lags typical postrecession recoveries for both typical and financial-crisis-driven recessions. Credit dynamics have also been much more subdued. Controlling for Slovenia’s double-dip recession and the slowdown in global growth after the global financial crisis reveals that Slovenia’s recovery is not atypical. The cross-country study also finds that bank-specific factors are the key determinants of bank lending. Bank credit to the private sector also has a positive but modest impact on economic activity, mainly through the investment channel.

Subject: Bank credit, Employment, Exports, International trade, Labor, Labor markets, Money, Unemployment

Keywords: Bank credit, Bank credit dynamics, Bank credit growth, CR, Eastern Europe, Employment, Europe, Export, Export category, Exports, GDP, Global, Goods export, ISCR, Labor markets, Post GFC-recovery, Slovenia, Slovenia's export, Southern Europe, Unemployment

Publication Details

Pages:

58
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/126
Stock No:

1SVNEA2017002
ISBN:

9781484300749
ISSN:

1934-7685

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