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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Bibliografiska uppgifter
Huvudupphovsman: Yan, Isabel
Övriga upphovsmän: Kumhof, Michael
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2009.
Serie:IMF Working Papers; Working Paper ; No. 2009/134
Länkar:Full text available on IMF