There has been substantial research on the benefits of accumulating foreign reserves, but less on the relative merits of how these reserves are accumulated. In this paper we explore whether the form o
Data on the sovereign bond yields in East Asia used for the paper titled "Unveiling the Bond Market Convergence in East Asia Amidst the Russia-Ukraine Conflict"
Financial globalization was off to a rocky start in emerging economies hit by Sudden Stops since the mid 1990s. Foreign reserves grew very rapidly during this period, and hence it is often argued that
