Bank of England Quarterly Bulletin, Autumn 2006

The Bank of England published its Quarterly Bulletin for Autumn 2006 on Monday 25 September. The latest issue includes the article "The UK international investment position."

This article looks at how the United Kingdom can, surprisingly, generate net investment income from net debt. The article explores the possible linkages between the improvement in net investment income and the stability of the sterling effective exchange rate index in the face of persistent trade deficits. It identifies some

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