Milesi-Ferretti, Gian.
Bilateral Financial Linkages and Global Imbalances a View on The Eve of the Financial Crisis / Gian Milesi-Ferretti. [electronic resource] : Gian Milesi-Ferretti. - Washington, D.C. : International Monetary Fund, 2010. - 1 online resource (54 p.) - IMF Working Papers; Working Paper ; No. 10/257 . - IMF Working Papers; Working Paper ; No. 10/257 .
We present a novel and comprehensive dataset of bilateral gross and net external positions in various financial instruments for the main advanced and emerging economies and regions, designed to improve our understanding of cross-border financial linkages. The data show no strong correspondence between country or region pairs with the largest gross versus net external positions, and the importance of international financial centers, including offshore centers, in intermediating financial flows. We also highlight some important data gaps in completing a network of cross-border holdings, related to the limited available information on the size and geographical pattern of external claims and liabilities of offshore centers, oil exporters, and other mostly emerging markets.
1455209570 : 18.00 USD
1018-5941
10.5089/9781455209576.001 doi
Claims
FDI
Foreign Exchange Reserves
International Financial Integration
Portfolio Investment
China, People's Republic of
Japan
United Kingdom
United States
Bilateral Financial Linkages and Global Imbalances a View on The Eve of the Financial Crisis / Gian Milesi-Ferretti. [electronic resource] : Gian Milesi-Ferretti. - Washington, D.C. : International Monetary Fund, 2010. - 1 online resource (54 p.) - IMF Working Papers; Working Paper ; No. 10/257 . - IMF Working Papers; Working Paper ; No. 10/257 .
We present a novel and comprehensive dataset of bilateral gross and net external positions in various financial instruments for the main advanced and emerging economies and regions, designed to improve our understanding of cross-border financial linkages. The data show no strong correspondence between country or region pairs with the largest gross versus net external positions, and the importance of international financial centers, including offshore centers, in intermediating financial flows. We also highlight some important data gaps in completing a network of cross-border holdings, related to the limited available information on the size and geographical pattern of external claims and liabilities of offshore centers, oil exporters, and other mostly emerging markets.
1455209570 : 18.00 USD
1018-5941
10.5089/9781455209576.001 doi
Claims
FDI
Foreign Exchange Reserves
International Financial Integration
Portfolio Investment
China, People's Republic of
Japan
United Kingdom
United States