Dabla-Norris, Kim and Shorono (2011): “Optimal Precautionary Reserves for Low-Income Countries: A Cost-Benefit Analysis,” International Monetary Fund, Working Paper WP/11/249.
Prepared by Monique Newiak.
External Balance Assessment of low income and emerging markets.
Country Policy and Institutional Assessment.
These indicators should be interpreted with caution because of the limited number of respondents, a limited geographical coverage, and standardized assumptions on business constraints and information availability.
Asia benchmark: Bangladesh, Cambodia, India, Laos, Nepal, and Vietnam. Africa benchmark: Ghana, Kenya, Lesotho, Rwanda, Tanzania, Uganda, Zambia. For selection method, see Annex II.