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The way central banks manage their foreign reserve assets has evolved over the past decades. One...

This paper develops a comprehensive new framework to measure and analyze sovereign risk. Since...

Giving greater prominence to SDRs in international reserves would entail allocating them more...

This study takes stock of the institutional reform of monetary policy in Latin America since the...

Preliminary estimates show that pension costs will continue to grow for several years, and...

This paper explores the hypothesis that the dollarization of liabilities in emerging market...