 | What Drives Interest Rate Spreads in Pacific Island Countries? An Empirical Investigation Author/Editor: Fazurin Jamaludin, Vladimir Klyuev, Anuk Serechetapongse. Release Date:May, 2015 Growth has been sluggish in Pacific island countries (PICs). High cost of credit is likelyone of the reasons. While the small scale, geographic dispersion, and vulnerability toshocks increase the more...
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