1300 187 187
This edited work addresses the welfare gains and costs of accumulating foreign exchange reserves and the implications for the functioning of the global financial system.
| Central bank reserve management : trends and issues | p. 1 |
| The size of central bank reserves | |
| Assessing the benefits and costs of official foreign exchange reserves | p. 19 |
| The politics and micro-economics of global imbalances | p. 37 |
| The cost-benefit approach to reserve adequacy : the case of Chile | p. 47 |
| Foreign reserve adequacy from the Asian perspective | p. 63 |
| Dealing with reserve accumulation : the case of Korea | p. 75 |
| Reserve accumulation : a view from the United States | p. 83 |
| Reserve management : return versus liquidity | |
| Trends in reserve management by central banks | p. 99 |
| Implications of growing reserves of central banks for asset allocation | p. 117 |
| Setting the strategic benchmark duration and currency allocation : a developing country case study | p. 127 |
| Observations on the return versus liquidity debate : the Canadian perspective | p. 137 |
| A European view on return versus liquidity | p. 143 |
| The composition of central bank reserves : the market perspective | p. 153 |
| Central bank risk management : the case of the Czech national bank | p. 165 |
| Returns from alpha and beta : an equilibrium approach to investing | p. 175 |
| The conservative approach to central bank reserve management | p. 181 |
| Implications for central bank balance sheets | |
| Central bank balance sheets : comparisons, trends and some thoughts | p. 193 |
| Governance aspects of central bank reserve management | p. 217 |
| Too much of a good thing : reserve accumulation and volatility in central bank balance sheets | p. 229 |
| Table of Contents provided by Blackwell. All Rights Reserved. |
ISBN: 9781845429577
ISBN-10: 1845429575
Audience:
Professional
Format:
Hardcover
Language:
English
Number Of Pages: 272
Published: January 2007
Dimensions (cm): 23.4 x 15.6
x 23.495
Weight (kg): 0.567
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