Managing the Liquidity Effects of Reserve Stockpiling in Emerging Asia

Alice Y. Ouyang and Thomas D. Willett

Chapter 1 in Exchange Rates, Currency Crisis and Monetary Cooperation in Asia, 2009, pp 3-38 from Palgrave Macmillan

Abstract: Abstract Asia accounted for over half of global international reserve holdings during the period 1999–2005, up from one-third in the period 1990–1995 (Kharas et al. 2006).2 While China and Japan have been the main drivers of the massive stockpiling of reserves in the region, India, Hong Kong, Korea, Singapore and Taiwan, and some middle-income Southeast Asian economies have also experienced significant swelling of their reserves since the crises (Figure 1.1).

Keywords: Exchange Rate; Central Bank; Capital Mobility; Exchange Rate Regime; Capital Inflow (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-23419-2_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230234192

DOI: 10.1057/9780230234192_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().