@incollection{,
	
					
					
					EC8637B0C16574C0F4DF2BDD3E1D02FC
				,
	author={{Dr. ElizaNora} and {M.Azalib} and {Siong-HookLawc} and {Universiti Sains Malaysia}},
	journal={{Global Journal of Management and Business Research}},
	journal={{GJMBR}}2249-45880975-585310.34257/GJMBR,
	address={Cambridge, United States},
	publisher={Global Journals Organisation}1112921
}

@incollection{b0,
	
	
		,
	title={{Defaultable debt, interest rates and the current account}}
		,
	author={{
			MAguiara
		} and {
			GGopinath
		}}
		
	
	
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	journal={{Journal of International Economics}}
		
			69
			
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	year={2006}
		
	

}

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		,
	title={{International reserve management and capital mobility in a volatile world: policy considerations and a case study of Korea}}
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	author={{
			JAizenman
		} and {
			Lee
		} and {
			YRhee
		}}
		
		
		
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	year={2004}
		
	
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	note={NBER Working Paper 10534}

}

@incollection{b2,
	
	
		,
	title={{International reserve management and capital mobility in a volatile world: policy considerations and a case study of Korea}}
		,
	author={{
			JAizenman
		} and {
			Lee
		} and {
			YRhee
		}}
		
		
	
	
		,
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			21
			
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	year={2007}
		
	

}

@incollection{b3,
	
	
		,
	title={{International reserve holdings with sovereign risk and costly tax collection}}
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	author={{
			JAizenman
		} and {
			NMarion
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	year={2004}
		
	

}

@incollection{b4,
	
	
		,
	title={{Optimal reserves management and sovereign debt}}
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	author={{
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		} and {
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}

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	title={{Default risk and income fluctuations in emerging markets}}
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			CArellano
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	year={2006}
		
		
			University of Minnesota Working Paper
		
	

}

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	title={{Asian Development Bank (ADB) Key Indicators of Developing Asian and Pacific Countries, Manila, various issues}}
		
	

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	title={{Austria's demand for international reserves and monetary disequlibrium: the case of a small open economy with a fixed exchange rate regime' Economica}}
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	title={{Estimation of long-run coefficients in error correction models}}
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		,
	title={{Hoarding of international reserves: Mrs Machlup's wardrobe and the Joneses', CESifo Working Paper No. 2065}}
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			YWCheung
		} and {
			XAQian
		}}
		
		
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	year={2007}
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	address={Munich, Germany}
		
		
			Center for Economic Studies
		
	

}

@book{b10,
	
	
		,
	title={{The international reserves gult: is it for real}}
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	author={{
			GCifarelli
		} and {
			GPaladino
		}}
		
		
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	year={2006}
		
		
			Department of Economics, University of Florence Working Paper 142
		
	

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@incollection{b11,
	
	
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	journal={{International Economics}}
		
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	year={2000}
		
	
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}

@incollection{b13,
	
	
		,
	title={{LDC participation in international financial markets', debt and reserves}}
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		,
	title={{Are foreign exchange reserves in Asia too high? Chapter II}}
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			HEdison
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	year={2003}
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	publisher={International Monetary Fund}
			
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}

@incollection{b15,
	
	
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	title={{The Sudan demand for international reserves: a case of a labor-exporting country}}
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@incollection{b16,
	
	
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	title={{Cointegration and error correction: representation, estimation, and testing}}
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	journal={{Econometrica}}
		
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}

@incollection{b17,
	
	
		,
	title={{The demand for international reserves by developed and less-developed countries}}
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@incollection{b18,
	
	
		,
	title={{Openness and the demand for international reserves}}
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	booktitle={{National Monetary Policies and International Financial System}}
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@incollection{b19,
	
	
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	title={{Optimal international reserves: a stochastic framework}}
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}

@incollection{b20,
	
	
		,
	title={{The Demand for International Reserves in China: An ECM Model with Domestic Monetary Disequilibrium}}
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@incollection{b21,
	
	
		,
	title={{Official reserves and currency management in Asia: Myth, reality, and the future}}
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		} and {
			RMccauley
		} and {
			YCPark
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			7
			,
	year={2005}
		
	

}

@incollection{b22,
	
	
		,
	title={{Optimal international reserves}}
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@incollection{b23,
	
	
		,
	title={{Modeling the demand for narrow money in the United Kingdom and the United States}}
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}

@incollection{b24,
	
	
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	title={{Modeling China's demand for international reserves}}
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			5
			
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	year={1995}
		
	

}

@incollection{b25,
	
	
		,
	title={{Applying the seasonal error correction model to the demand for international reserves in Taiwan}}
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	author={{
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		} and {
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		}}
		
	
	
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	journal={{Journal of International Money and Finance}}
		
			18
			
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	year={1999}
		
	
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	note={International Monetary Fund (IMF) (2007) International Financial Statistics}

}

@book{b26,
	
	
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	title={{The determinants of international reserve hoarding in Korea: cointegration and error correction approach', Working paper}}
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	author={{
			GJJo
		}}
		
			,
	year={2007}
			,
	address={Korea}
		
		
			Kiemyung University
		
	

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@incollection{b27,
	
	
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	title={{Statistical analysis of cointegrating vectors}}
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@incollection{b28,
	
	
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	title={{Maximum likelihood estimation and inference on cointegrationwith applications to the demand for money}}
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@incollection{b29,
	
	
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	title={{The demand for international liquidity: a cointegration approach}}
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	year={1997}
		
	

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@incollection{b30,
	
	
		,
	title={{Capital flows and exchange rate volatility: Singapore's experience', NBER Working Paper 11369}}
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			BKKapur
		}}
	
	
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	journal={{National Bureau of Economic Research}}
		
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	year={2005}
		
	

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@incollection{b31,
	
	
		,
	title={{The demand for international reserves: a case study of Pakistan}}
		,
	author={{
			KKhan
		} and {
			EAhmed
		}}
		
	
	
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	journal={{The Pakistan Development Review}}
		
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	year={2005}
		
	

}

@book{b32,
	
	
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	title={{Country experience of Indonesia on external debt management', Regional Workshop on Capacity Building for External Debt Management in the Era of Rapid Globalization}}
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	author={{
			SSKusumaningtuti
		}}
		
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	year={2004}
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@incollection{b33,
	
	
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	title={{Testing the null hypothesis of stationarity against the alternative of a unit root. how sure are we that economic time series have a unit root?}}
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	author={{
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		} and {
			PC BPhillips
		} and {
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		} and {
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		}}
		
		
		
	
	
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}

@incollection{b34,
	
	
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	title={{An empirical examination of the disaggregated import demand of Korea -the case of information technology products}}
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	author={{
			JSMah
		}}
	
	
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	journal={{Journal of Asian Economies}}
		
			11
			
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	year={2000}
		
	

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@incollection{b35,
	
	
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	title={{Capital flows to East Asia since 1997 crisis}}
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	author={{
			RNMccauley
		}}
	
	
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	journal={{BIS Quarterly Review}}
		
			
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@incollection{b36,
	
	
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	title={{The saving and investment nexus for China: evidence from cointegration tests}}
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	author={{
			PKNarayan
		}}
	
	
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	journal={{Applied Economics}}
		
			37
			
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	year={2005}
		
	

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@book{b37,
	
	
		,
	title={{How to mobilize the Asian savings within the region: securitization and credit enhancement for the development of East Asia's bond market}}
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	author={{
			GOh
		} and {
			DPark
		} and {
			JPark
		} and {
			DYYang
		}}
		
		
		
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	year={2003}
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	address={Korea}
		
		
			Korea Institute for International Economic Policy
		
	
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}

@incollection{b38,
	
	
		,
	title={{Bounds testing approach to the analysis of level relationships}}
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	author={{
			MHPesaran
		} and {
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			RJSmith
		}}
		
		
	
	
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	journal={{Journal of Applied Econometrics}}
		
			16
			
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	year={2001}
		
	

}

@incollection{b39,
	
	
		,
	title={{Demand for foreign exchange reserves in india: a cointegration approach}}
		,
	author={{
			KPPrabheesh
		} and {
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		} and {
			RMadhumati
		}}
		
		
	
	
		,
	journal={{South Asian Journal of Management}}
		
			14
			
			,
	year={2008}
		
	

}

@incollection{b40,
	
	
		,
	title={{Demand for international reserves: a case study of Korea}}
		,
	author={{
			HRRa
		}}
	
	
		,
	journal={{Journal of the Korean Economy}}
		
			8
			
			,
	year={2007}
		
	

}

@incollection{b41,
	
	
		,
	title={{The optimal level of international reserves: evidence for India}}
		,
	author={{
			MRamachandran
		}}
	
	
		,
	journal={{Economics Letters}}
		
			83
			
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	year={2004}
		
	

}

@incollection{b42,
	
	
		,
	title={{The upsurge of foreign reserves in India}}
		,
	author={{
			MRamachandran
		}}
	
	
		,
	journal={{Economic Modeling}}
		
			28
			
			,
	year={2006}
		
	

}

@incollection{b43,
	
	
		,
	title={{Asymmetric exchange rate intervention and international reserve accumulation in India}}
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	author={{
			MRamachandran
		} and {
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		,
	journal={{Economics Letters}}
		
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	year={2007}
		
	

}

@incollection{b44,
	
	
		,
	title={{Japan Bank for International Cooperation Institute}}
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	author={{
			MTaniuchi
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	journal={{JBICI Review}}
		
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	year={2006}
		
	
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	note={Global imbalances and Asian economies}

}

@incollection{b45,
	
	
		,
	title={{?Modeling state foreign exchange reserves under the managed floating exchange rate system in China}}
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	author={{
			WXWei
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	journal={{Journal of Systems Science and Systems Engineering}}
		
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	year={2000}
		
	

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@book{b46,
	
	
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	title={{Global Development Finance: Managing Finance and Managing Vulnerability}}
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@book{b47,
	
	
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	title={{World Development Indicators}}
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			WorldBank
		}}
		
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	year={2007. 2007}
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}