@article{5fec8cc7-ab0b-4dad-89e5-4204fd0f7143,
author = {Joanna Bogołębska},
title = {Accumulation of foreign reserves as a determinant of the current account},
journal = {International Business and Global Economy},
volume = {2013},
number = {Volume 32},
year = {2013},
issn = {2300-6102},
pages = {40-53},keywords = {reserve accumulation; surplus countries; current account; global imbalances; external financial policy},
abstract = {In order to understand the complicated interlinkages between dynamic accumulation of foreign reserves and growing surpluses on the current accounts, a new sort of policy is being formulated, namely external financial policy. This is a policy of intentional influencing official capital outflows, mainly in the form of accumulation of reserves. Among many factors influencing the effectiveness of this policy is capital account liberalization, on which the article focuses. The article aims at presenting the main theoretical and empirical insights into this complex relation. It concentrates on the experiences of the Asian surplus countries due to their role in the global growth of reserves and global imbalances.},
doi = {10.4467/23539496IB.13.003.2639},
url = {https://ejournals.eu/en/journal/ibage/article/akumulacja-rezerw-walutowych-jako-determinanta-nierownowagi-na-rachunku-obrotow-biezacych}
}