Contributions

  • Milesi-Ferretti, Gian Maria. - Contributor
  • International Monetary Fund. Research Dept. - Contributor

Publication

2006 - International Monetary Fund, Research Dept., Washington, D.C., District of Columbia

Language

English

Word Count

7,250 words, Guess

Page Count

29 pages

Identifiers

  • Better World Books9781451990089
  • Better World Books9781452700700
  • Better World Books9781451864489
  • Open LibraryOL21609945M

Classifications

  • LCCHG3881

Description

We examine the evolution of the net external asset positions of Central and Eastern Europe (CEEC) countries over the past decade, with a strong emphasis on the composition of their international balance sheets. We assess the extent of their international financial integration, compared with the advanced economies and other emerging markets, and highlight the salient features of their external capital structure in terms of the relative importance of FDI, portfolio equity, and external debt. In addition, we briefly describe the country and currency composition of their external liabilities. Finally, we explore the implications of the accumulated stock of external liabilities for future trade and current account balances.

Subjects

Topics

Balance of tradeCapital movementsEconomic conditionsBalance of trade -- Europe, CentralBalance of trade -- Europe, EasternCapital movements -- Europe, EasternCapital movements -- Europe, Central

Series Statement

  • IMF working paper -- WP/06/188

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