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For a Few Dollars More: Reserves and Growth in Times of Crises

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NBER2014-01-01 更新2025-01-04 收录
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Based on a dataset of 112 emerging economies and developing countries, this paper addresses two key questions regarding the accumulation of international reserves: first, has the accumulation of reserves effectively protected countries during the 2008-09 financial crisis? And second, what explains

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2014-01-01
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