01793cas a2200241 a 4500 AALejournalIMF003770 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451862003 1018-5941 BD-DhAAL BD-DhAAL Swiston, Andrew. A Global View of the U.S. Investment Position / Andrew Swiston. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyzes various indicators of the U.S. international investment position from a portfolio perspective. The 1990s saw a decline in home bias, which, coupled with rapid financial deepening, led to a large increase in gross international investment holdings. The home bias of non-U.S. investors declined more rapidly than that of U.S. investors, allowing the United States to finance a rising stock of net liabilities, even as foreign portfolios remained marketweight or underweight U.S. assets in each investment category. However, a comparison to other countries reveals that the U.S. net international investment position (NIIP) is large given the size of the economy and is deteriorating, especially through a growing negative net debt securities position. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2005/181 Full text available on IMF http://elibrary.imf.org/view/journals/001/2005/181/001.2005.issue-181-en.xml IMF e-Library