The External Wealth of Nations : Measures of Foreign Assets and Liabilities for Industrial and Developing Countries »
Journal Issue
Volume/Issue: 1999/115
Series: IMF Working Papers
Author(s): Gian Milesi-Ferretti , and Philip Lane
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 1999
DOI: http://dx.doi.org/10.5089/9781451853841.001
ISBN: 9781451853841
Keywords: foreign assets, external debt, foreign direct investment, equity flows, debt, liabilities, fdi
Capital flows are closely monitored, but surprisingly little is known about the stocks of external assets and liabilities held by countries, especially in the developing world. This paper constructs estimates of fo...