international investment income

Publication date: 4 Nov 2015 | Publication type: National Institute Economic Review | External authors: Lane, P R | JEL classification: E01, F20, F40, F62 | Journal: National Institute Economic Review Issue 234 | Publisher: Sage Publications, London
A drop in net FDI investment income has been the primary factor in the recent deterioration in the measured UK current account balance, with the trade balance relatively stable. We argue that financial engineering (with little net impact on the underlying international investment position for the...