01554cas a2200241 a 4500 AALejournalIMF007252 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455268443 1018-5941 BD-DhAAL BD-DhAAL Magnussen, Kristin. International Reserve Adequacy in Central America / Kristin Magnussen. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (27 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Countries' absolute and relative international reserves adequacy has recently attracted considerable attention. The analysis has however concentrated on the largest and most advanced economies. We apply various methodologies for assessing reserve adequacy in Central America, taking into account the region's high degree of deposit dollarization. We find that reserve cover is low both in an absolute and relative sense, suggesting further reserve accumulation is an important policy option for reducing vulnerabilities. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2011/144 Full text available on IMF http://elibrary.imf.org/view/journals/001/2011/144/001.2011.issue-144-en.xml IMF e-Library