International investment income / Joseph P. Joyce.

Format:

Book

Author/Creator:

Joyce, Joseph P., author.

Series:

Cambridge elements. Elements in international relations, 2753-9326.

Cambridge elements. Elements in international relations, 2753-9326

Language:

English

Subjects (All):

Investments, Foreign.

Capital movements.

International economic relations.

Physical Description:

1 online resource (71 pages) : digital, PDF file(s).

Edition:

1st ed.

Place of Publication:

Cambridge : Cambridge University Press, 2025.

Summary:

International investments yield returns in the forms of multinational profits, dividends and interest on equity and debt, and the charges on bank loans. These payments are recorded in the current account of the balance of payments and constitute a significant component of many countries' current accounts. Foreign direct investment- (FDI)-generated income is often channeled by firms through countries with low tax rates and regulations. Emerging markets regularly have large FDI income deficits, but a substantial portion of these payments are reinvested. Portfolio securities provide income from diversified securities and lower risk. Global banking offers financing from foreign sources, which may support stability during periods of domestic crises.

Contents:

Cover

Title page

Copyright page

International Investment Income

Contents

1 International Investment Income

1.1 International Investment Income and BOP

1.2 Current Account

1.3 GDP vs GNI vs GNDI

1.4 Current Account Adjustment

1.5 Summary

2 History of International Investment Income

2.1 First Era of Globalization

2.2 Interwar Period

2.3 Second Era of Globalization

2.4 Summary

3 FDI Income: Receipts

3.1 FDI Income Surpluses

3.2 FDI Income and Multinational Headquarters

3.3 Tax Avoidance

3.4 Special Purpose Entities

3.5 Tax Agreements

3.6 Home Country Inequality

3.7 Summary

4 FDI Income: Payments

4.1 FDI Income Deficits

4.2 Impact on Current Account

4.3 Retained Earnings

4.4 Retained Earnings and Investment

4.5 Volatility

4.6 Summary

5 Portfolio Income

5.1 Equity and Debt Income

5.2 FDI vs FPE

5.3 Diversification

5.4 Risk Sharing

5.5 Summary

6 Other Income

6.1 Other Income Flows

6.2 Banking Activity

6.3 Global Banking

6.4 Trade Credit

6.5 Summary

7 Transfer Payments

7.1 Secondary Income

7.2 History of Migration Flows and Remittances

7.3 Impact of Remittances

7.4 Capital and Labor

7.5 Summary

8 Future of Investment Income

8.1 Fragmentation

8.2 Industrial Policy

8.3 New Financial Centers

8.4 Fintech

8.5 Future Developments

8.6 Summary

Appendix

References

Acknowledgments.

Notes:

Title from publisher's bibliographic system (viewed on 14 Feb 2025).

Description based on publisher supplied metadata and other sources.

ISBN:

1-009-61341-3

1-009-61343-X

1-009-61339-1

OCLC:

1482736449