Using country-to-country data, this paper documents a set of novel stylized facts about the rise of the South in global finance. The paper assembles comprehensive bilateral data on cross-border bank loans and deposits, portfolio investment in debt and equity, foreign direct investment, and international reserves. The main finding is that global financial integration with and especially within the South (countries outside the G7 and Western Europe)...
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2020/12/17
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Documento de trabalho sobre pesquisa de políticas
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WPS9501
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1
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1
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2020/12/17
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Disclosed
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Bilateral International Investments : The Big Sur?
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Equitable Growth
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