Construct · 1 fields · 1 citations

precautionary motive for reserve accumulation: a standalone construct

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precautionary motivefor reserve accumulation1 CONSTRUCTPrecautionary motive forAIZENMAN · INTERNATIONAL

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International macroeconomics

the holding of foreign reserves as self-insurance against sudden stops and capital flight, contrasted with mercantilist motives.

In international macroeconomics, precautionary motive for reserve accumulation refers to the holding of foreign reserves as self-insurance against sudden stops and capital flight, contrasted with mercantilist motives. This meaning comes from Aizenman (2007) in Open Economies Review.[1]

Unit
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Nearby constructs

mercantilist motive for reserve accumulation1 fields · 1 citationsanchor · a standalone constructaccumulation3 fields · 3 citationsjingle · one word, three constructscapital2 fields · 3 citationsjingle · one word, two constructs

References

  1. Aizenman, J., & Lee, J. (2007). International Reserves: Precautionary Versus Mercantilist Views, Theory and Evidence. Open Economies Review, 18(2), 191-214. https://doi.org/10.1007/s11079-007-9030-z

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