Problem loans in the Caribbean: determinants, impact and strategies for resolution

Medientyp: E-Book

Titel: Problem loans in the Caribbean : determinants, impact and strategies for resolution

Beteiligte: Beaton, Kimberly [Verfasser:in]; Dowling, Thomas [Verfasser:in]; Kovtun, Dmitriy [Verfasser:in]; Loyola, Franz [Verfasser:in]; Myrvoda, Alla [Verfasser:in]; Okwuokei, Joel Chiedu [Verfasser:in]; Ötker-Robe, İnci [Verfasser:in]; Turunen, Jarkko [Verfasser:in]

Erschienen: [Washington, D.C.]: International Monetary Fund, November 2017

Umfang: 1 Online-Ressource (circa 54 Seiten); Illustrationen

Sprache: Englisch

DOI: 10.5089/9781484326572.001

ISBN: 9781484326572

Identifikator:

Schlagwörter: Internationales Finanzsystem ; Notleidender Kredit ; Karibischer Raum ; Banks and Banking ; Finance: General ; Money and Monetary Policy ; Industries: Financial Services ; Business Fluctuations ; Cycles ; Financial Markets and the Macroeconomy ; Money Supply ; Credit ; Money Multipliers ; Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages ; General Financial Markets: Government Policy and Regulation ; Monetary Policy, Central Banking, and the Supply of Money and Credit: General ; Finance ; Banking ; Monetary economics ; Nonperforming loans ; Loans ; [...]

Entstehung:

Anmerkungen:

Beschreibung: The high level of nonperforming loans (NPLs) in the Caribbean has been, in large part, a legacy of the global financial crisis, but their persistence owes much to the weak economic recovery in the region, as well as to structural obstacles to their resolution. A comprehensive strategy is needed to address these impediments to sever the adverse feedback loops between weak economic activity and weak asset quality. This paper finds that NPLs are a drag on Caribbean growth and macro-financial links are strong: a deterioration in asset quality hinders bank lending and dampens economic activity, undermining, in turn, efforts to resolve problem loans. A multifaceted approach is needed, involving a combination of macro- economic policies to support growth and employment; strong supervisory frameworks to ensure macro-financial stability and create incentives for resolution; efforts to address informational gaps and deficiencies in insolvency and debt-enforcement frameworks; and development of markets for distressed loans. The institutional capacity constraints require coordination of reforms within the region and support from international organizations through capacity-building

Zugangsstatus: Freier Zugang

Nur in Feld suchen:

Zuletzt gesuchte Begriffe: