How might a disorderly resolution of global imbalances affect global wealth? / Francis E. Warnock.

Partly reflecting structural advantages such a liquidity and strong investor protection, foreigners have built up extremely large positions in U.S. (as well as other dollar-denominated) financial assets. This paper describes the impact on global wealth of an unanticipated shock to U.S. financial mar...

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Bibliographic Details
Main Author: Warnock, Francis E. (Author)
Corporate Author: International Monetary Fund. Western Hemisphere Department
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, Western Hemisphere Dept., 2006.
Series:IMF working paper ; WP/06/170.
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