Holding International Reserves in an Era of High Capital Mobility /

Why do countries hold so much international reserves? Global reserve holdings (excluding gold) were equivalent to 17 weeks of imports at the end of 1999. That is almost double what they were at the end of 1960 and about 20 percent higher than they were at the start of the 1990s. In this paper we stu...

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Библиографические подробности
Главный автор: Flood, Robert
Другие авторы: Marion, Nancy
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2002.
Серии:IMF Working Papers; Working Paper ; No. 2002/062
Online-ссылка:Full text available on IMF