Capital Flows, Financial Integration, and International Reserve Holdings : The Recent Experience of Emerging Markets and Advanced Economies /

This paper examines the interaction between capital flows and international reserve holdings in the context of increasing financial integration. For emerging markets the sensitivity of reserves to net capital flows was negative in the 1980s, but became positive after the Asian crisis when these coun...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Sharma, Sunil
مؤلفون آخرون: Choi, Woon, Stromqvist, Maria
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2007.
سلاسل:IMF Working Papers; Working Paper ; No. 2007/151
الوصول للمادة أونلاين:Full text available on IMF