Credit Misallocation and Economic Growth in Vietnam is popular PDF and ePub book, written by Mitsuru Katagiri in 2019-09-06, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Credit Misallocation and Economic Growth in Vietnam can be Read Online from any device for your convenience.
Credit Misallocation and Economic Growth in Vietnam Book PDF Summary
The legacy of non-performing loans and high opportunity cost of government financing of bank recapitalization impeded the efficiency of financial intermediation and are an important policy issue in Vietnam. This paper presents a theoretical and empirical analysis of the issue. An empirical analysis using corporate data indicates credit misallocation between state owned enterprises and private firms in Vietnam. On the theoretical side, a micro-founded banking model is embedded in a political economy setting to assess the factors determining the size of bank recapitalization and its effects on the efficiency of financial intermediation, economic growth and welfare. The analysis suggests that recapitalization depends on an array of factors, including the tightness of the government budget and the decision maker’s concern for the favored sector.
Detail Book of Credit Misallocation and Economic Growth in Vietnam PDF
- Author : Mitsuru Katagiri
- Release : 06 September 2019
- Publisher : International Monetary Fund
- ISBN : 9781513514956
- Genre : Business & Economics
- Total Page : 22 pages
- Language : English
- PDF File Size : 14,9 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Credit Misallocation and Economic Growth in Vietnam by Mitsuru Katagiri, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.