Preliminary results suggests that Australia's external holdings of equity and debt as a percentage of national income almost doubled between 1997 and 2001. However, Australia international investment position as a percentage of national income is one of the lowest among the major OECD countries....

The rapid increase in international capital flows is one of the most significant developments in the global economy in recent decades. International portfolio diversification brings potential benefits to investors by offering investors the opportunity to insulate their portfolios from domestic...

This chapter analyzes the geography of Australia's international portfolio investment using the International Monetary Fund's coordinated Portfolio Investment Survey dataset. It provides some answers to the following questions: (a) why does the pattern of Australia's capital flows not match that...