Credit Contraction Causes and Effects: The Czech Republic
Between 1997 and 1999, the Czech economy had undergone a fundamental shift in its lending practices. This particular development is most often referred to as a credit crunch. Nevertheless, owing to the unique nature of this credit phenomenon in the relatively short history of the Czech economy, defining and applying this term to Czech conditions has caused a number of complications. The paper deals the said issue.
Volume (Year): 5 (2002)
Issue (Month): 1 (May)
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