Netherlands Bank research links financial development to net foreign asset composition

netherlands flag

In a Netherlands Bank working paper released in March, authors Robert Vermeulen and Jakob De Han assert that as a country's economic position improves, its long-run net foreign asset position will decline.

The researchers gathered data from 51 countries over a period of 37 years and conclude that financial development also leads to higher net equity and lower net debt positions.

The paper emphasises that there are a number of variables to be taken into account when considering these conclusions

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: