[Abstract]: 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...

This paper focuses on the dynamics of international financial integration for a set of 13 industrial countries1 including Australia over the period 1990 to 2003 by analysing data on the level and composition of foreign assets and liabilities. The objective of the study is to provide insights...

In this article, we analyse the geography ofAustralia’s international portfolio investmentusing the International Monetary Fund’s CoordinatedPortfolio Investment Survey dataset.Preliminary results suggest that Australia’s externalholdings of equity and debt as a percentageof national...

[Abstract]: Preliminary results suggest that Australia’s externalholdings of equity and debt as a percentageof national income almost doubledbetween 1997 and 2001. However, Australia’sinternational investment position as a percentageof national income is one of the lowestamongst the major...

In this paper we study the effect of quality of institutions in the OECD and Asian host countries on outward foreign direct investment (FDI) stocks of source OECD countries using International Country Risk Guide governance indicators, for the period 1991 to 2001. We find that better institutions...