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Insurance underwriter or financial development fund: what role for reserve pooling in Latin America?
- Author(s):
- Eichengreen, Barry
- Corporate Author(s):
- German Agency for Technical Cooperation |
- NU. CEPAL |
- NU. CEPAL. División de Desarrollo Económico
- Serie:
- No.
- 186
- Date Issued:
- 2006-11
- Physical Description
- 51 p. : gráfs., tabls.
- UN symbol:
- handle
Abstract The unprecedented accumulation of international reserves by emerging markets raises the question of how to best utilize these funds; in particular if they should be held as a war chest to guard against the risk of financial crisis or if they should be used to recapitalize and strengthe...