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Rapid Credit Growth in Central and Eastern Europe

This book represents the latest developments and policy debate on the rapid growth of banking sector credit to the private sector, which continues to occupy the minds of academics and policymakers alike in many Central and Eastern European countries. The contributions discuss ways to assess and respond to excessive credit growth.

• Listen to a podcast of the authors being interviewed for IMF Survey Magazine (8mb ~ MP3 format)

CHARLES ENOCH is Deputy Director of the Monetary and Capital Markets Department, International Monetary Fund (IMF), Washington D.C., USA. He led technical assistance and surveillance missions to major countries in Europe, Asia, and Africa, has published extensively in monetary and financial sector issues in IMF Working Papers and the IMF's Occasional Papers (monograph) series, and has edited several books, including Statistical Implications of Inflation Targeting, Building Strong Banks, and Financial Risks, Stability, and Globalization. He also held positions in the Bank of England (1976-87), and served as the IMF's UK Alternate Executive Director (1987-90).

INCI ÖTKER-ROBE is Deputy Chief of the Technical Assistance Wing, Europe, for the IMF. She has worked on various countries in Europe, Asia, and the Middle East, and conducted policy and technical assistance work in exchange rate regimes, capital controls, financial sector stability, credit growth, and inflation targeting, and has published in a number of journals, IMF Working Papers, and IMF Occasional Papers (monograph) series.

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