Emerging markets benefited from solid balance sheets, says BIS paper

bis-4

Pre-crisis balance sheet indicators of macroeconomic performance and the strength of the financial system help explain the resilience of real credit growth in emerging markets during the recent financial crisis, according to a Bank for International Settlements paper published on February 7.

Carlos Montoro and Liliana Rojas-Suarez, the paper's authors, examine the resilience of real credit growth to adverse external shocks in a large number of emerging markets during the 2008–09 global financial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: