Item description for Insurance Underwriter or Financial Development Fund: What Role for Reserve Pooling in Latin America? (Financiamiento Desarrollo) by United Nations...
The unprecedented accumulation of international reserves by emerging markets raises the question of how to best utilize those funds. Should they be held as a war chest to guard against the risk of financial crisis? Or should they be used to recapitalize weak banking systems, following the example of China? Should it be used as an insurance fund to protect economies from the effects of capital account crises? This paper considers these and other questions with reference to the case of Latin America and the Caribbean and, in particular from the point of view of the Andean countries participating in the Latin American Reserve Fund.
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Studio: United Nations
Est. Packaging Dimensions: Length: 10.9" Width: 8.2" Height: 0.3"
Release Date Sep 2, 2007
Publisher United Nations Publications
ISBN 9211216168 ISBN13 9789211216165
Availability 0 units.
More About United Nations
Jose Antonio Ocampo is Under-Secretary-General of the United Nations for Economic and Social Affairs, and former Executive Secretary of ECLAC.