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This paper examines whether the level of reserves in emerging market countries has become excessive. It presents a discussion of adequacy versus excessive levels of reserves, and presents calculations of reserve adequacy for a large number of emerging market countries. Two categories of...
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countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing … divergent current account patterns in emerging Europe and emerging Asia based on the assumption that both regions constitute two … found to be the most significant factors to explain divergent current account patterns in emerging Europe and emerging Asia …
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Increasingly adverse climatic conditions have created greater systematic risk for companies throughout the global economy. Few studies have directly examined the consequences of climate-related risk on financing choices by publicly-listed firms across the globe. We attempt to do so using the...
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