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<title>International Reserves: IMF Concerns and Country Perspectives</title>
<description><![CDATA[In 2009-10, IMF Management advanced the argument that excessive reserve accumulation was jeopardizing the stability of the international monetary system. This evaluation traces the evolution of this thinking, in particular how it relates to the Fund’s longerstanding concern about the risks from global imbalances, and discusses reasons for the shift towards stressing the risks posed by excessive reserve accumulation.]]></description>
<link>http://vs-t4-pub-1.main.oecd.org/derec/imf/InternationalReserves IMF2013_Main_Report.pdf</link>
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<pubDate>Mon, 31 Dec 2012 15:46:00 GMT</pubDate>
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