Lane, Philip R.; Milesi-Ferretti, Gian-Maria - International Monetary Fund (IMF) - 2003
and FDI categories have grown in importance relative to international debt stocks. This paper describes the broad trends … in international financial integration for a sample of industrial countries and seeks to explain the cross-country and … time-series variation in the size of international balance sheets. It also examines the behavior of the rates of return on …