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2014 | nr 3 (45) | 102--121
Tytuł artykułu

Credit Booms in the Countries of the Eurasian Economic Union. Are they Related?

Warianty tytułu
Credit booms w krajach Euroazjatyckiej Unii Gospodarczej. Analiza powiązań
Języki publikacji
EN
Abstrakty
W niniejszym artykule przeprowadzono analizę dynamiki kredytów w trzech krajach niedawno utworzonej Euroazjatyckiej Unii Gospodarczej, w której skład wchodzą Rosja, Białoruś i Kazachstan. Sprawdzono, czy mają one wpływ na dynamikę głównych zmiennych makroekonomicznych, a jeśli tak, to czy można znaleźć jakieś interakcje między tymi krajami. Zidentyfikowano boom kredytowy w każdym kraju w okresie od II kwartału 1995 do I kwartału 2014. Czas ich zaistnienia jest różny w każdym kraju i te okresy nie są ze sobą powiązane, ale raczej zależą od wydarzeń zewnętrznych, takich jak światowy kryzys gospodarczy i finansowy w latach 2007-2008 lub powstanie unii celnej między trzema krajami w połowie 2010 roku. Analiza zmian realnego PKB per capita i jego głównych komponentów (konsumpcji, inwestycji i wydatków rządowych) potwierdza wyniki wcześniejszych badań dotyczących procesu wzrostu w tych trzech krajach.(abstrakt oryginalny)
EN
In this paper we analyze the dynamics of domestic credits in the three countries of the recently formed Eurasian Economic Union: Russia, Belarus and Kazakhstan to see if it affects the dynamics of major macroeconomic variables, and if any interactions between the countries can be found. We have identified one credit boom in each country in the period from 1995:2 to 2014:1. The timings of credit booms in different countries are not related to each other, but rather to external events like the world economic and financial crisis of 2007-2008 or the initiation of the Customs Union between the three countries in mid-2010. The analysis of changes in the real per capita GDP and its main components (consumption, investments and government expenditures) confirms the results of the previous studies regarding growth process in the three countries.(original abstract)
Słowa kluczowe
PL
Kredyt  
EN
Credit  
Rocznik
Numer
Strony
102--121
Opis fizyczny
Twórcy
  • European University at St. Petersburg
  • Brand Science, BBDO Group, Moscow
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
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