Obrazec Zapolneniya Poyasniteljnoj Zapiski K Balansu Kazennogo Uchrezhdeniya
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22 - 23 November 2007*, Warsaw Date: 22-23 November 2007 Venue: Warsaw, NBP Premises Deadline for submission: 22 June 2007 JEL: E, F, G, O The National Bank of Poland invites submissions for the conference Monetary Policy Challenges Resulting from Rapid Credit Growth in Converging Economies to be held in Warsaw on 22-23 November, 2007. Recent years have seen a rapid credit growth in many of the new EU Member States and other catching-up economies. While financial deepening is an inherent part of the convergence process and can be beneficial for the economy, the scale and the speed of the observed lending growth raises important questions for the monetary and financial authorities. Is this strong increase in loans a credit bubble or an equilibrium phenomenon?
What risks does it pose to price and financial stability? What measures can be taken to avoid or reduce potential negative consequences of a lending boom?
Decriminalize abortion, and have emphasized that access to abortion is a matter of human rights. Ensuring access to these services in accordance with human rights standards is part of State obligations to eliminate discrimination against women and to ensure women’s right to health as well as other fundamental human rights.
How does the credit growth affect the conditions in which monetary policy operates and what policy adjustment does it require? What is the impact of the euro adoption on the lending growth and the optimal policy response? The objective of the conference is to present the latest research on the determinants of the credit growth in converging economies as well as its effects and policy challenges. The conference is also intended to provide a discussion forum for distinguished academics, central bankers and representatives from commercial banks on a topic of great importance for monetary policy.