Review of the Adequacy of the Fund's Precautionary Balances.

The paper reviews the adequacy of the Fund's precautionary balances and proposes a more transparent and rules-based framework for adjusting the precautionary balance target through time. The framework seeks to provide sufficient flexibility to capture the main elements considered relevant by th...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:Policy Papers; Policy Paper ; No. 2010/077
Online Access:Full text available on IMF