Was the Asian crisis a wake-up call?: Foreign reserves as self-protection

• 主要作者: Mendoza, Ronald U
• 格式: text
• 出版: Archīum Ateneo 2010
• 主題: Foreign reserves; Financial stability; Asian crisis; Self-protection
• 在線閱讀: https://archium.ateneo.edu/asog-pubs/125; https://www.sciencedirect.com/science/article/abs/pii/S1049007809000542

Digging deeper into the self-protection rationale for holding reserves, this paper examines the empirical link between reserve holding patterns and crisis vulnerability, comparing the pre- and post-Asian crisis periods, and across different groups of developing countries. Analyzing data for 51 devel...