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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 …
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Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …
Persistent link: https://www.econbiz.de/10012462846
Motivated by the unprecedented rise of swap agreements between the central banks of developed economies and their developing economy counterparts, this paper evaluates Asian swap arrangements and their association with the build-up of foreign reserves prior to the 2008–2009 global financial...
Persistent link: https://www.econbiz.de/10014179703
Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …
Persistent link: https://www.econbiz.de/10013146950
is a growing consensus that Asia's reserves now substantially exceed the levels required for precautionary purposes or … reserves in developing Asia have in fact reached excessive levels. Informal tests of reserve adequacy based on widely used … confirm the popular belief that developing Asia now has excessive foreign exchange reserves. Therefore, the short-run policy …
Persistent link: https://www.econbiz.de/10003878349
is a growing consensus that Asia's reserves now substantially exceed the levels required for precautionary purposes or … reserves in developing Asia have in fact reached excessive levels. Informal tests of reserve adequacy based on widely used … confirm the popular belief that developing Asia now has excessive foreign exchange reserves. Therefore, the short-run policy …
Persistent link: https://www.econbiz.de/10013142950
Developing Asia experienced a sharp surge in foreign currency reserves prior to the 2008-9 crisis. The global crisis …
Persistent link: https://www.econbiz.de/10010287777
Persistent link: https://www.econbiz.de/10009778115