VoxEU Talk

Financial globalisation: the surge in the value of international assets and liabilities

Cédric Tille of the Graduate Institute in Geneva talks to Romesh Vaitilingam about the enormous growth in most countries’ holdings of external assets and liabilities since the mid-1990s, and its consequences for current account volatility and international economic linkages. The interview was recorded at the annual congress of the European Economic Association in Milan in August 2008.