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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Sharma, Sunil
Tác giả khác: Choi, Woon, Stromqvist, Maria
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2007.
Loạt:IMF Working Papers; Working Paper ; No. 2007/151
Truy cập trực tuyến:Full text available on IMF