What Drives Interest Rate Spreads in Pacific Island Countries? An Empirical Investigation

What Drives Interest Rate Spreads in Pacific Island Countries? An Empirical Investigation
Growth has been sluggish in Pacific island countries (PICs). High cost of credit is likelyone of the reasons. While the small scale, geographic dispersion, and vulnerability toshocks increase the cost and risk of credit in this country group, there is considerablevariability in interest rate spreads both across countries and over time. This... READ MORE...

Publication date: May 2015
ISBN 9781484362266
$18.00

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