Precautionary Demand for Foreign Assets in Sudden Stop Economies : An Assessment of the New Merchantilism /
Financial globalization was off to a rocky start in emerging economies hit by Sudden Stops in the 1990s. The surge in foreign reserves since then is viewed as a New Merchantilism in which reserves are a war-chest for defense against Sudden Stops. We conduct a quantitative assessment of this argument...
| প্রধান লেখক: | |
|---|---|
| অন্যান্য লেখক: | , |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 2007/146 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |