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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Бібліографічні деталі
Автор: Flood, Robert
Інші автори: Marion, Nancy
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2002.
Серія:IMF Working Papers; Working Paper ; No. 2002/062
Онлайн доступ:Full text available on IMF