{
  "title": "Republic of Slovenia: Selected Issues",
  "publication": "IMF Staff Country Reports, May 15, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/05/15/republic-of-slovenia-selected-issues-44922",
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  "summary": "This Selected Issues paper takes the case of Slovenia to analyze credit growth and economic recovery in Europe. The findings reveal that following the global financial crisis recovery in Slovenia significantly lags typical postrecession recoveries for both typical and financial-crisis-driven recessions. Credit dynamics have also been much more subdued. Controlling for Slovenia’s double-dip recession and the slowdown in global growth after the global financial crisis reveals that Slovenia’s recovery is not atypical. The cross-country study also finds that bank-specific factors are the key determinants of bank lending. Bank credit to the private sector also has a positive but modest impact on economic activity, mainly through the investment channel.",
  "publishDate": "2017-05-15",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Publication date: May 15, 2017\n- This Selected Issues paper analyzes credit growth and economic recovery in Slovenia relative to postrecession recoveries in Europe.\n- Pages: 58\n- Volume: 2017\n- Issue: 126\n- Series: Country Report No. 2017/126\n- DOI: https://doi.org/10.5089/9781484300749.002\n- Stock No: 1SVNEA2017002\n- ISBN: 9781484300749\n- ISSN: 1934-7685"
    },
    {
      "heading": "Key findings on recovery and credit dynamics",
      "content": "- Following the global financial crisis recovery in Slovenia significantly lags typical postrecession recoveries for both typical and financial-crisis-driven recessions.\n- Credit dynamics in Slovenia have been much more subdued compared with typical recoveries.\n- Controlling for Slovenia’s double-dip recession and the slowdown in global growth after the global financial crisis reveals that Slovenia’s recovery is not atypical.\n- The cross-country study finds that bank-specific factors are the key determinants of bank lending.\n- Bank credit to the private sector has a positive but modest impact on economic activity, mainly through the investment channel."
    },
    {
      "heading": "Subjects and keywords",
      "content": "- Subject: Bank credit, Employment, Exports, International trade, Labor, Labor markets, Money, Unemployment\n- Keywords: Bank credit, bank credit dynamics, bank credit growth, CR, Eastern Europe, Employment, Europe, export, export category, Exports, GDP, Global, goods export, ISCR, Labor markets, post GFC-recovery, Slovenia, Slovenia's export, Southern Europe, Unemployment\n\nInternational Monetary Fund. Republic of Slovenia: Selected Issues. IMF Staff Country Reports 2017, 126 (2017).\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/05/15/republic-of-slovenia-selected-issues-44922"
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    "Published: May 15, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484300749.002",
    "Publication date: May 15, 2017",
    "This Selected Issues paper analyzes credit growth and economic recovery in Slovenia relative to postrecession recoveries in Europe.",
    "Pages: 58",
    "Volume: 2017",
    "Issue: 126",
    "Series: Country Report No. 2017/126",
    "DOI: https://doi.org/10.5089/9781484300749.002",
    "Stock No: 1SVNEA2017002",
    "ISBN: 9781484300749",
    "ISSN: 1934-7685",
    "Following the global financial crisis recovery in Slovenia significantly lags typical postrecession recoveries for both typical and financial-crisis-driven recessions.",
    "Credit dynamics in Slovenia have been much more subdued compared with typical recoveries.",
    "Controlling for Slovenia’s double-dip recession and the slowdown in global growth after the global financial crisis reveals that Slovenia’s recovery is not atypical.",
    "The cross-country study finds that bank-specific factors are the key determinants of bank lending.",
    "Bank credit to the private sector has a positive but modest impact on economic activity, mainly through the investment channel.",
    "Subject: Bank credit, Employment, Exports, International trade, Labor, Labor markets, Money, Unemployment",
    "Keywords: Bank credit, bank credit dynamics, bank credit growth, CR, Eastern Europe, Employment, Europe, export, export category, Exports, GDP, Global, goods export, ISCR, Labor markets, post GFC-recovery, Slovenia, Slovenia's export, Southern Europe, Unemployment",
    "**Country Report**"
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