Inter-American Development Bank: 'A Macroprudential Theory of Foreign Reserve Accumulation'
November 08, 2025
November 08, 2025
WASHINGTON, Nov. 8 (TNSLrpt) -- The Inter-American Development Bank issued the following white paper in October 2025 entitled "A Macroprudential Theory of Foreign Reserve Accumulation."
Here is the introduction:
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Central banks' holdings of international reserves have nearly quadrupled since the wave of financial globalization of the 1990s.Yet despite an extensive literature, accounting for this surge and the large variation in reserve ho . . .
Here is the introduction:
* * *
Central banks' holdings of international reserves have nearly quadrupled since the wave of financial globalization of the 1990s.Yet despite an extensive literature, accounting for this surge and the large variation in reserve ho . . .