How might a disorderly resolution of global imbalances affect global wealth? /
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...
Cote: | Libro Electrónico |
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Auteur principal: | |
Collectivité auteur: | |
Format: | Électronique eBook |
Langue: | Inglés |
Publié: |
[Washington, D.C.] :
International Monetary Fund, Western Hemisphere Dept.,
2006.
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Collection: | IMF working paper ;
WP/06/170. |
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Accès en ligne: | Texto completo |