External Adjustment and the Optimal Demand for International Reserves.
This paper provides a theoretical underpinning for the major determinants of optimal reserve demand in the case where fundamental disequilibrium constitutes a key element governing reserve management. Emphasis is given to the role of reserves to smooth the process of economic adjustment by financing...
| Korporativní autor: | |
|---|---|
| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
1989.
|
| Edice: | IMF Working Papers; Working Paper ;
No. 1989/090 |
| On-line přístup: | Full text available on IMF |