Balance of Payments Anti-Crises

Balance of Payments Anti-Crises
Several emerging economies have, until recently, experienced large government surpluses and accelerating foreign exchange reserve accumulation. This has been accompanied by economic booms, exchange rate appreciations and in some cases increases in domestic inflation. We show that one way to understand these episodes is as manifestations of... READ MORE...

Publication date: June 2009
ISBN 9781451872811
$18.00

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