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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Detalhes bibliográficos
Autor principal: Yan, Isabel
Outros Autores: Kumhof, Michael
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2009.
Colecção:IMF Working Papers; Working Paper ; No. 2009/134
Acesso em linha:Full text available on IMF