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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Sharma, Sunil
Beste egile batzuk: Choi, Woon, Stromqvist, Maria
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2007.
Saila:IMF Working Papers; Working Paper ; No. 2007/151
Sarrera elektronikoa:Full text available on IMF