Bank recycling of petro dollars to emerging market economies during the current oil price boom / prepared by Johannes Wiegand.

Bank recycling of petro dollars to emerging market economies during the current oil price boom /

High oil prices have once again led to large external surpluses of oil exporting countries, similar to the 1970s and 1980s. This paper analyzes the extent to which (i) oil exporters use bank deposits to invest these surpluses, and (ii) banks are lending on these funds to emerging market economies. B...

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Bibliographic Details
Main Author: Wiegand, Johannes (Author)
Corporate Author: International Monetary Fund. Research Department
Format: Electronic eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, Research Dept., 2008.
©2008
Series:IMF working paper ; WP/08/180.
Subjects:
Capital movements > Econometric models.
Banks and banking > Econometric models.
Petroleum industry and trade > Economic aspects > Econometric models.
Online Access: Full text (Wentworth users only)
Local Note:ProQuest Ebook Central

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