Search Results

You are looking at 1 - 2 of 2 items for :

  • "vis-à-vis SIFCs" x
Clear All
Mr. Philip R. Lane and Mr. Gian M Milesi-Ferretti
This note documents and assesses the role of small financial centers in the international financial system using a newly-assembled dataset. It presents estimates of the foreign asset and liability positions for a number of the most important small financial centers, and places these into context by calculating the importance of these locations in the global aggregate of cross-border investment positions. It also reports some information on bilateral cross-border investment patterns, highlighting which countries engage in financial trade with small financial centers.
Mr. Philip R. Lane and Mr. Gian M Milesi-Ferretti

-6 percent range. As discussed earlier, the portfolio equity category includes shares in collective investment schemes, such that the ‘ultimate claims’ represented by these equity assets may be debt or equity assets that most likely are located in other destinations. Figure 6. Hong Kong S.A.R. of China: FDI assets and liabilities, 2007 (billions US$) Source: Hong Kong Statistics. Figure 7A. Share of SIFC Group in Global Cross-Border Portfolio Holdings Note: Share of total portfolio assets vis-à-vis SIFCs reported by countries participating in the IMF