Capital flows to Central and Eastern Europe / prepared by Philip R. Lane and Gian Maria Milesi-Ferretti.

We examine the evolution of the net external asset positions of Central and Eastern Europe (CEEC) countries over the past decade, with a strong emphasis on the composition of their international balance sheets. We assess the extent of their international financial integration, compared with the adva...

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Bibliographic Details
Main Authors: Lane, Philip R., 1969- (Author), Milesi-Ferretti, Gian Maria (Author)
Format: eBook
Language:English
Published: [Washington, D.C.] : International Monetary Fund, 2006.
Series:IMF working paper ; WP/06/188.
Subjects:
Online Access:Click for online access
Description
Summary:We examine the evolution of the net external asset positions of Central and Eastern Europe (CEEC) countries over the past decade, with a strong emphasis on the composition of their international balance sheets. We assess the extent of their international financial integration, compared with the advanced economies and other emerging markets, and highlight the salient features of their external capital structure in terms of the relative importance of FDI, portfolio equity, and external debt. In addition, we briefly describe the country and currency composition of their external liabilities. Finally, we explore the implications of the accumulated stock of external liabilities for future trade and current account balances.
Physical Description:1 online resource (29 pages) : illustrations
Format:Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:Includes bibliographical references.
ISBN:1283511576
9781283511575
9781451990089
1451990081
Reproduction Note:Electronic reproduction.
Source of Description, Etc. Note:Print version record.
Action Note:digitized