Italy’s international reserves and their determinants in the Seventies: an assessment of the country risk

Authors

  • P. SAVONA
  • G. TULLIO

DOI:

https://doi.org/10.13133/2037-3643/10744

Keywords:

International reserves, exchange rate policy, international capital markets

Abstract

The present paper analyses policies for and developments in Italian international reserves in the seventies and compares them with similar developments in industrial countries. Particular emphasis is placed on the study of the possibilities of influencing the terms of trade in the short to medium run by an appropriate exchange rate policy coupled with the use of international reserves. Further attention is given to the adequacy of Italian international reserves, particularly in the light of the position of the country as a borrower in international capital markets.

 

JEL: F31, F32, G15

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Published

2013-10-11

How to Cite

SAVONA, P., & TULLIO, G. (2013). Italy’s international reserves and their determinants in the Seventies: an assessment of the country risk. PSL Quarterly Review, 35(140). https://doi.org/10.13133/2037-3643/10744

Issue

Vol. 35 No. 140 (1982)

Section

Editorial

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