Long-Term Capital Movements /
International financial integration allows countries to become net creditors or net debtors with respect to the rest of the world. In this paper, we show that a small set of fundamentals-shifts in relative output levels, the stock of public debt and demographic factors-can do much to explain the evo...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2001.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2001/107 |
| Accès en ligne: | Full text available on IMF |