05204oam 22013094 450 991095611970332120251116183857.0978661382997997814623518311462351832978145273905214527390569781283517522128351752397814519086571451908652(CKB)3360000000443923(EBL)3014443(SSID)ssj0000939890(PQKBManifestationID)11571930(PQKBTitleCode)TC0000939890(PQKBWorkID)10946527(PQKB)11451548(OCoLC)694141097(IMF)WPIEE2006069(MiAaPQ)EBC3014443(IMF)WPIEA2006069WPIEA2006069(EXLCZ)99336000000044392320020129d2006 uf 0engur|n|---|||||txtccrThe External Wealth of Nations Mark II : Revised and Extended Estimates of Foreign Assets and Liabilities, 1970–2004 /Philip Lane, Gian Milesi-Ferretti1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (50 p.)IMF Working Papers"March 2006."9781451863291 1451863292 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. METHODOLOGY""; ""III. THE DATASET: A GLOBAL OVERVIEW""; ""IV. SELECTED EMPIRICAL FINDINGS""; ""V. CONCLUDING REMARKS""; ""Appendix""; ""References""We construct estimates of external assets and liabilities for 145 countries for the period 1970-2004. We describe our estimation methods and present key features of the data at the country and the global level. We focus on trends in net and gross external positions, and the composition of international portfolios, distinguishing between foreign direct investment, portfolio equity investment, official reserves, and external debt. We document the increasing importance of equity financing and the improvement in the external position for emerging markets, and the differing pace of financial integration between advanced and developing economies. We also show the existence of a global discrepancy between estimated foreign assets and liabilities, and identify the asset categories that account for this discrepancy.IMF Working Papers; Working Paper ;No. 2006/069Foreign propertyBalance of tradeDebts, ExternalForeign exchangeBalance of paymentsimfCurrent Account AdjustmentimfCurrent accountimfEmerging and frontier financial marketsimfExports and ImportsimfExternal positionimfFinanceimfFinance: GeneralimfFinancial InstrumentsimfFinancial services industryimfForeign assetsimfGeneral Financial Markets: General (includes Measurement and Data)imfInstitutional InvestorsimfInternational economicsimfInternational financeimfInternational InvestmentimfInvestment & securitiesimfInvestments, ForeignimfInvestments: StocksimfLong-term Capital MovementsimfNon-bank Financial InstitutionsimfPension FundsimfShort-term Capital MovementsimfStocksimfUnited StatesimfForeign property.Balance of trade.Debts, External.Foreign exchange.Balance of paymentsCurrent Account AdjustmentCurrent accountEmerging and frontier financial marketsExports and ImportsExternal positionFinanceFinance: GeneralFinancial InstrumentsFinancial services industryForeign assetsGeneral Financial Markets: General (includes Measurement and Data)Institutional InvestorsInternational economicsInternational financeInternational InvestmentInvestment & securitiesInvestments, ForeignInvestments: StocksLong-term Capital MovementsNon-bank Financial InstitutionsPension FundsShort-term Capital MovementsStocksLane Philip1816065Milesi-Ferretti Gian1812538International Monetary Fund.Research Department.DcWaIMFBOOK9910956119703321The External Wealth of Nations Mark II4371805UNINA