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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Библиографические подробности
Главный автор: Yan, Isabel
Другие авторы: Kumhof, Michael
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2009.
Серии:IMF Working Papers; Working Paper ; No. 2009/134
Online-ссылка:Full text available on IMF