The International Reserves Holding And Country Risk: Evidence From Selected ASEAN Countries
This paper extends the empirical literature on the relationship between the country risk and the demand for international reserves in selected ASEAN4 economies, namely Malaysia, Indonesia, Thailand and the Philippines, for the period 1980 to 2006. The empirical findings reveal that the fiscal positi...
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my.usim-158612018-02-13T03:24:22Z The International Reserves Holding And Country Risk: Evidence From Selected ASEAN Countries Mohd Daud S.N., Ahmad A.H. Country risk; International reserves; Self-insurance motive This paper extends the empirical literature on the relationship between the country risk and the demand for international reserves in selected ASEAN4 economies, namely Malaysia, Indonesia, Thailand and the Philippines, for the period 1980 to 2006. The empirical findings reveal that the fiscal position and stock of external indebtedness have a huge impact on a country's decision to hold international reserves. In addition, the results also find that Indonesia, a country with the highest risk in terms of economic and financial sectors, has taken corrective measures to deal with any sudden shocks. 2018-02-13T03:24:22Z 2018-02-13T03:24:22Z 2013 Article 15116670 http://ddms.usim.edu.my:80/jspui/handle/123456789/15861 en |
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Country risk; International reserves; Self-insurance motive |
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Country risk; International reserves; Self-insurance motive Mohd Daud S.N., Ahmad A.H. The International Reserves Holding And Country Risk: Evidence From Selected ASEAN Countries |
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This paper extends the empirical literature on the relationship between the country risk and the demand for international reserves in selected ASEAN4 economies, namely Malaysia, Indonesia, Thailand and the Philippines, for the period 1980 to 2006. The empirical findings reveal that the fiscal position and stock of external indebtedness have a huge impact on a country's decision to hold international reserves. In addition, the results also find that Indonesia, a country with the highest risk in terms of economic and financial sectors, has taken corrective measures to deal with any sudden shocks. |
format |
Article |
author |
Mohd Daud S.N., Ahmad A.H. |
author_facet |
Mohd Daud S.N., Ahmad A.H. |
author_sort |
Mohd Daud S.N., Ahmad A.H. |
title |
The International Reserves Holding And Country Risk: Evidence From Selected ASEAN Countries |
title_short |
The International Reserves Holding And Country Risk: Evidence From Selected ASEAN Countries |
title_full |
The International Reserves Holding And Country Risk: Evidence From Selected ASEAN Countries |
title_fullStr |
The International Reserves Holding And Country Risk: Evidence From Selected ASEAN Countries |
title_full_unstemmed |
The International Reserves Holding And Country Risk: Evidence From Selected ASEAN Countries |
title_sort |
international reserves holding and country risk: evidence from selected asean countries |
publishDate |
2018 |
url |
http://ddms.usim.edu.my:80/jspui/handle/123456789/15861 |
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1645154035094781952 |
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13.226497 |