Balance of Payments Anti-Crises /

Several emerging economies have, until recently, experienced large government surpluses and accelerating foreign exchange reserve accumulation. This has been accompanied by economic booms, exchange rate appreciations and in some cases increases in domestic inflation. We show that one way to understa...

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Detalles Bibliográficos
Autor Principal: Yan, Isabel
Outros autores: Kumhof, Michael
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2009.
Series:IMF Working Papers; Working Paper ; No. 2009/134
Acceso en liña:Full text available on IMF