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Was There a Credit Crunch in Namibia Between 1996-2000? AgEcon
Ikhide, Sylvanus.
Commercial bank credit is a useful tool for promoting economic growth especially at the early stages of development. It has been observed that between 1996 and the early part of 2000, the growth rate of real credit to the private sector declined significantly in Namibia. This period coincided with observed strong demand for commercial bank loans. There has therefore been public discourse on the possibility of a restriction in the supply of credit by commercial banks and hence the occurrence of a credit crunch in the economy since commercial bank lending capacity did not fall. This paper attempts to provide some evidence in this regard by examining the main determinants of commercial bank credit in the economy and ascertaining if credit has been demand or...
Tipo: Journal Article Palavras-chave: Africa; Namibia; Credit crunch; Asymmetric information; Economic growth; Financial Economics; E51.
Ano: 2003 URL: http://purl.umn.edu/43995
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