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Capital Account Opening, International Reserves, and Development: Evidence and Some Policy Controversies.
- Source :
- NBER Reporter; Fall2003, p9-12, 4p
- Publication Year :
- 2003
-
Abstract
- Reviews some research on issues facing capital account opening, international reserves and development. Reason for the large buildup of international reserve holdings in East Asia; Situations that give rise to the increased demand of precautionary holdings; Benefits of the introduction of reserve requirements; Mechanism facilitating capital flight; Form of capital flow.
- Subjects :
- RESEARCH
CAPITAL movements
INTERNATIONAL finance
RESERVES (Accounting)
Subjects
Details
- Language :
- English
- ISSN :
- 0276119X
- Database :
- Complementary Index
- Journal :
- NBER Reporter
- Publication Type :
- Periodical
- Accession number :
- 11120759