It takes the average reader 1 hour and 1 minute to read The External Wealth of Nations by Mr. Gian-Maria Milesi-Ferretti
Assuming a reading speed of 250 words per minute. Learn more
Capital flows are closely monitored, but surprisingly little is known about the stocks of external assets and liabilities held by countries, especially in the developing world. This paper constructs estimates of foreign assets and liabilities and their equity and debt subcomponents for 66 industrial and developing countries for the period 1970-97. It explores the sensitivity of estimates of stock positions to the treatment of valuation effects not captured in balance of payments data. Finally, it characterizes the stylized facts of estimated stocks and asks whether there are trends in net foreign asset positions and differences in debt-equity ratios across countries.
The External Wealth of Nations by Mr. Gian-Maria Milesi-Ferretti is 59 pages long, and a total of 15,281 words.
This makes it 20% the length of the average book. It also has 19% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 23 minutes to read The External Wealth of Nations aloud.
The External Wealth of Nations is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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