International Financial Integration
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| Google books | books.google.com |
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| Originally published | April 2003 |
| Authors | Gian Maria Milesi-Ferretti |
| Philip R. Lane | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2404047 |
About International Financial Integration
In recent decades, the foreign assets and liabilities of advanced economies have grown rapidly relative to GDP, with the increase in gross cross-holdings far exceeding changes in the size of net positions. Moreover, the portfolio equity and FDI categories have grown in importance relative to international debt stocks. . . .