2/ Based on equilibrium in the housing market that the expected annual cost of home ownership equals the annual cost of renting. 3/ House price growth as a function of fundamentals (affordability ratio, income per capita growth, interest rate, and credit growth). Source: ... The primary channels linking the regiona#39;s economies are trade, workersa#39; remittances, and cross-border banking. The temporary bananbsp;...
|Title||:||Republic of Kazakhstan: 2008 Article IV Consultation|
|Publisher||:||International Monetary Fund - 2008|