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Accumulation of reserves in emerging and developing countries: mercantilism versus insurance |
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| Authors: | Cabezas Luis De Gregorio José |
| Institution: | 1.Central Bank of Chile, Agustinas, 1180, Santiago, Chile ;2.Department of Economics, School of Economics and Business, Universidad de Chile, Diagonal Paraguay 257, Santiago, Chile ; |
| Abstract: | Review of World Economics - Motivated by the significant increases in international reserves during the 2000s, this paper analyzes the reasons why emerging and developing countries choose to... |
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