External Financing Risks : How Important is the Composition of the International Investment Position? /

Building on the vast literature, this paper focuses on the role of the structure of the international investment position (IIP) in affecting countries' external vulnerabilities. Using a sample of 73 advanced and emerging economies and new database on the IIP's currency composition, we find...

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Bibliographic Details
Main Author: Cubeddu, Luis
Other Authors: Hannan, Swarnali, Rabanal, Pau
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:IMF Working Papers; Working Paper ; No. 2021/020
Online Access:Full text available on IMF