restate bilateral investment positions to better reflect the true financial linkages connecting countries around the world. We … nearly 600 billion dollars, while China's official net creditor position to the rest of the world is overstated by about 50 … composition of external portfolio liabilities, the nature of foreign direct investment, and the growth of financial globalization …

international capital flows, and the resulting production has increased as a share of world output, but it was still only about 8 … world, accounting for about half of the world's stock in 1960. Since then, other countries have become major direct … investors. The U.S. share is now less than a quarter of the world total and the United States has become a major recipient of …

Two observations suggest that financial globalization played an important role in the recent financial crisis. First …

Globalization has made it possible for labor in developing countries to augment labor in the developed world, without … world's effective labor supply, triggered by geo-political events and technological innovations, coupled with the inability …

behind this crisis is the large demand for riskless assets from the rest of the world. In this paper we present a model to …

to the 1990s, VC was primarily a US-only phenomenon. The globalization of IT activities induced the US venture capital …

The literature on the benefits and costs of financial globalization for developing countries has exploded in recent … perspective on the macroeconomic effects of financial globalization, both in terms of growth and volatility. Overall, our critical … benefit from financial globalization, but with many nuances. On the other hand, there is little systematic evidence to support …