 | Global Imbalances and External Adjustment after the Crisis Author/Editor: Philip R. Lane, Gian Milesi-Ferretti. Release Date:August, 2014 This paper has two objectives. First, it reviews the recent dynamics of global imbalances (both “flow” and “stock” imbalances), with a special focus on the shifting position of Latin America more...
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 | External Adjustment and the Global Crisis Author/Editor: Gian Milesi-Ferretti, Philip R. Lane. Release Date:August, 2011 After widening substantially in the period preceding the global financial crisis, current account imbalances across the world have contracted to a significant extent. This paper analyzes the factors more...
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 | Cross-Border Investment in Small International Financial Centers Author/Editor: Philip R. Lane, Gian Milesi-Ferretti. Release Date:February, 2010 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 more...
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