An Accumulation of International Reserves and External Debt: Evidence from Developing Countries

• Main Authors: Siti Nurazira, Mohd Daud,, Jan M., Podivinsky,
• Format: Article
• Language: English
• Published: Routledge Journals, Taylor & Francis Ltd 2015
• Subjects: International Reserves; External Debt; Developing Economies; Credit Risk
• Online Access: http://ddms.usim.edu.my/handle/123456789/8023

The main analytical contribution of this paper is to analyze the cost of the decision to jointly hold reserves and sovereign debt. By analyzing the impact of holding reserves and sovereign debt on sovereign credit ratings will provide the evidence of the costs of holding reserves and debt with respe...