European Parliament Library

A Global View of the U.S. Investment Position, Andrew Swiston

Abstract
This paper analyzes various indicators of the U.S. international investment position from a portfolio perspective. The 1990s saw a decline in home bias, which, coupled with rapid financial deepening, led to a large increase in gross international investment holdings. The home bias of non-U.S. investors declined more rapidly than that of U.S. investors, allowing the United States to finance a rising stock of net liabilities, even as foreign portfolios remained marketweight or underweight U.S. assets in each investment category. However, a comparison to other countries reveals that the U.S. net international investment position (NIIP) is large given the size of the economy and is deteriorating, especially through a growing negative net debt securities position
Table Of Contents
""Contents""; ""I. Introduction""; ""II. Measurement of Global Portfolio Shares""; ""III. Trends in Portfolio Internationalization""; ""IV. The U.S. Share in Foreign Portfolios""; ""V. The U.S. Net International Investment Position""; ""VI. Conclusions""; ""References""; ""Data Appendix""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (24 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781462393213

Library Locations

  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
    Borrow
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
    Borrow
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
    Borrow