Foreign exchange reserve accumulation in the ASEAN-4 challenges, opportunities, and policy options

The ASEAN-4 countries-Indonesia, Malaysia, Philippines, and Thailand-have large and growing stocks of foreign exchange reserves. The region's reserves now comfortably exceed levels required for traditional liquidity purposes. This has led to calls for a more active management of reserves, which...

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Bibliographic Details
Published in:The Philippine Review of Economics Vol. 47, no.1 (June 2010), p. 89-108.
Main Authors: Park, Donghyun (Author), Estrada, Gemma Esther B. (Author)
Format: Analytics
Language:English
Published: [Quezon City] School of Economics, University of the Philippines 2010.
Subjects:
Online Access:https://forms.gle/KZjBv7aRtY6jiL5E9