Chinese outward-mercantilism, which aims at securing a higher rate of returns on its net foreign asset position, leveraging …

modern version of monetary mercantilism hoarding international reserves in order to improve competitiveness. From a long … the monetary mercantilism from precautionary response to the heritage of past financial mercantilism. Monetary … mercantilism also lowers the cost of hoarding, but may be associated with negative externalities leading to competitive hoarding …