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This paper describes the effects of Fund transactions on members' external reserves, estimates...

Reserve requirements are widely used by central banks as a means to improve monetary control, an...

In recent years, the IMF has released a growing number of reports and other documents covering...

The financial system in Uruguay underwent a serious crisis beginning in 1982, which resulted in...

Conventional economic policy models focus only on selected elements of the central bank balance...

Recent banking crises in Argentina, Paraguay, and Venezuela suggest that the macroeconomic impact...