Assessing Reserve Adequacy : Further Considerations.
Reserves remain a critical liquidity buffer for most countries. They are generally associated with lower crisis risks (crisis prevention) as well as space for authorities to respond to shocks (crisis mitigation). While other instruments, such as official credit lines and bilateral swap lines, are al...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2013.
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| Series: | Policy Papers; Policy Paper ;
No. 2013/089 |
| Online Access: | Full text available on IMF |