Financial Versus Monetary Mercantilism : Long-Run View of Large International Reserves Hoarding

Long-Run View of Large International Reserves Hoarding

Financial Versus Monetary Mercantilism : Long-Run View of Large International Reserves Hoarding
The sizable hoarding of international reserves by several East Asian countries has been frequently attributed to a modern version of monetary mercantilism-hoarding international reserves in order to improve competitiveness. From a long-run perspective, manufacturing exporters in East Asia adopted financial mercantilism-subsidizing the cost of... READ MORE...

Publication date: December 2006
ISBN 9781451865400
$18.00

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