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in Asia in the 2000s. These developments may be a symptom of an emerging new global financial architecture, which is …
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in Asia in the 2000s. These developments may be a symptom of an emerging new global financial architecture, which is …
Persistent link: https://www.econbiz.de/10003509232
Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …. -- Reserves ; swaps ; dollar standard ; Asia ; trade and financial linkages …
Persistent link: https://www.econbiz.de/10003943755
Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …. -- Reserves ; swaps ; dollar standard ; Asia ; trade and financial linkages …
Persistent link: https://www.econbiz.de/10008647624
In this paper I review the use of precautionary measures aimed at mitigating emerging markets' exposure to fragility associated with financial integration. The discussion draws possible lessons from the ongoing global liquidity crisis. The fear of losing international reserves (IR) constrained...
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