investment environment has been progressively liberalised beginning with the removal of foreign exchange controls in 1987, and … the movement to a floating exchange rate regime, other milestones included opening up the banking sector to foreign … comprehensive survey of the geographic structure of the foreign portfolios (equity and long-term bonds). The first publication …

including Australia over the period 1990 to 2003 by analysing data on the level and composition of foreign assets and … portfolio equity. An analysis of the composition of countries holdings of foreign assets and liabilities is important in that a … of the growth in the scale of international balance sheets. In our analysis of rates of return on foreign assets and …

the shadow cost of foreign investment-that is, the perceived annual cost of foreign equity necessary to create a bias away … domestic assets than on foreign assets and are therefore biased toward holding domestic equity. While this explanation is …

In contrast to the empirical literature's focus on foreign direct investment (FDI), this study examines the effects of … foreign portfolio investment (FPI) and "other" foreign investment (OFI) on economic growth using data on 88 countries from … questionable due to possible simultaneity bias. The empirical analyses also examine whether non-FDI foreign investment affects …

, many by more than they underweight foreign equities in general. Such behavior is surprising given the common perception of …

Foreign direct investment (FDI) into the financial sectors of emerging economies soared during the 1990s, leaving many … countries with banking sectors owned primarily by foreign institutions. While the implications of FDI into emerging markets are … understanding of this relationship is crucial for countries formulating policy with respect to foreign banks. This article argues …