Financial Versus Monetary Mercantilism : Long-Run View of Large International Reserves Hoarding /

The sizable hoarding of international reserves by several East Asian countries has been frequently attributed to a modern version of monetary mercantilism-hoarding international reserves in order to improve competitiveness. From a long-run perspective, manufacturing exporters in East Asia adopted fi...

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Bibliographic Details
Main Author: Lee, Jaewoo
Other Authors: Aizenman, Joshua
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/280
Online Access:Full text available on IMF