Shifting Motives : Explaining the Buildup in official Reserves in Emerging Markets Since the 1980's /

Why have emerging market economies (EMEs) been stockpiling international reserves? We find that motives have varied over time?vulnerability to current account shocks was relatively important in the 1980s but, as EMEs have become more financially integrated, factors related to the magnitude of potent...

ver descrição completa

Detalhes bibliográficos
Autor principal: Ghosh, Atish
Outros Autores: Ostry, Jonathan, Tsangarides, Charalambos
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2012.
Colecção:IMF Working Papers; Working Paper ; No. 2012/034
Acesso em linha:Full text available on IMF