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RESEARCH PRODUCT

The Impact of Credit on Economic Growth in the Global Crisis Context

Ioana Mădălina Banu

subject

MacroeconomicsEconomic expansionExport credit agencyGeneral EngineeringEnergy Engineering and Power TechnologyCredit referenceContext (language use)Monetary economicseconomic crisiseconomic growthCredit historyEconomicsCredit crunchCredit enhancementComputingMilieux_MISCELLANEOUSStatisticcredit

description

Abstract Is there a connection between credit and economic growth in the present economic context? Credit was one of the factors which triggered the global crisis, thus, in the present paper we attempt to show whether there is a connection between credit and economic growth, the economy being unable to develop in the absence of credit. With the aid of a statistic software we have tried to determine the supposed existence of a connection between the GDP, credits offered to public administration and credits offered to households. The results of the analysis show that credits offered to households contribute to a greater extent to the formation of the GDP than credits offered to public administration.

yearjournalcountryeditionlanguage
2013-01-01Procedia Economics and Finance
10.1016/s2212-5671(13)00109-3http://dx.doi.org/10.1016/s2212-5671(13)00109-3