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"International reserves in low-income countries : have they served as buffers?" /
This paper provides a historical perspective on the role of international reserves in low-income countries as a cushion against large external shocks over the last three decades - including the current global crisis. The results suggest that international reserves have played a role in buffering ext...
| Clasificación: | Libro Electrónico |
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| Autores principales: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
[2012], ©2011.
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| Colección: | IMF working paper ;
WP/12/07. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This paper provides a historical perspective on the role of international reserves in low-income countries as a cushion against large external shocks over the last three decades - including the current global crisis. The results suggest that international reserves have played a role in buffering external shocks, with the resulting macroeconomic costs varying with the nature of the shock, the economy's structural characteristics, and the level of reserves. |
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| Notas: | At head of title: African Department. Title from PDF title page (IMF Web site, viewed January 11, 2012). "January 2012." |
| Descripción Física: | 1 online resource (36 pages) : illustrations |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 9781463935740 1463935749 9781463968540 146396854X |