The Impacts of Economic Development on the International Reserves

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F13%3A86088012" target="_blank" >RIV/61989100:27510/13:86088012 - isvavai.cz</a>

Výsledek na webu

—

DOI - Digital Object Identifier

—

Jazyk výsledku

angličtina

Název v původním jazyce

The Impacts of Economic Development on the International Reserves

Popis výsledku v původním jazyce

This paper examines changes in international reserves stocks during post financial crisis periods. Financial crises have a large impact on macroeconomic development and consequently on behaviour of central banks. This paper analyzes the impact of the global financial crises of 1997 and 2008 on changes of international reserves when related to chosen exchange rate arrangement, GDP and to money supply. As to the exchange rate arrangements there is no provable pattern in central banks? behaviour as the individual countries are rather diverse though it is a fact that majority of countries raised their reserves in the post crisis period. The second part analyzes if there are different changes in reserves between developed and developing nations when measured by GDP per capita but finds no evidence. The final part finds enormous increase in the analysed ratio M2 to total reserves.

Název v anglickém jazyce

The Impacts of Economic Development on the International Reserves

Popis výsledku anglicky

This paper examines changes in international reserves stocks during post financial crisis periods. Financial crises have a large impact on macroeconomic development and consequently on behaviour of central banks. This paper analyzes the impact of the global financial crises of 1997 and 2008 on changes of international reserves when related to chosen exchange rate arrangement, GDP and to money supply. As to the exchange rate arrangements there is no provable pattern in central banks? behaviour as the individual countries are rather diverse though it is a fact that majority of countries raised their reserves in the post crisis period. The second part analyzes if there are different changes in reserves between developed and developing nations when measured by GDP per capita but finds no evidence. The final part finds enormous increase in the analysed ratio M2 to total reserves.

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

—

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2013

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Financial Management of Firms and Financial Institutions : 9th international scientific conference : 9th - 10th September 2013, Ostrava, Czech Republic : proceedings. [Part 1-3]

ISBN

978-80-248-3172-5

ISSN

2336-162X

e-ISSN

—

Počet stran výsledku

9

Strana od-do

256-264

Název nakladatele

VŠB-Technical University of Ostrava

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

9. 9. 2013

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000339362200029