A Global Perspectiveon External Positions /

This paper highlights the increased dispersion in net external positions in recent years, particularly among industrial countries. It provides a simple accounting framework that disentangles the factors driving the accumulation of external assets and liabilities (such as trade imbalances, investment...

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Bibliographic Details
Main Author: Milesi-Ferretti, Gian
Other Authors: Lane, Philip
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:IMF Working Papers; Working Paper ; No. 2005/161
Online Access:Full text available on IMF