International Investment Position (IIP) is a macroeconomic concept indicating the total volume and structure of a country's financial assets and liabilities to non-residents. The international investment position is one of the elements of the capital account and represents such types of assets as stocks, bonds, real estate, etc.
The net international investment position is the difference between the assets and liabilities of a country. Both the balance of payments and the international investment position (IIP) provide useful information for assessing the country's economic relations with the rest of the world.
The International Investment Position (IIP), which is a generally accepted scheme for reporting data on the volume of foreign assets and liabilities of a country, was officially presented in the fifth edition of the Balance of Payments Manual in 1993 (BPM6 is currently issued).
MIP is a statistical report that shows the volume of external financial assets and liabilities of the economy at a certain point. These volumes at a given point in time are formed as a result of external operations valued at current market value (at current market prices and exchange rates), and the impact of other factors (for example, write-offs and changes in classification). [one]
Regular publications of the Central Bank of the Russian Federation " International Investment Position of the Russian Federation (Standard Components) (BPM6) ." [2]
In 2002, the International Monetary Fund (IMF) published a manual to help prepare the IIP. [one]
Notes
- ↑ 1 2 IMF. [ https://www.imf.org/external/np/sta/iip/guide/rus/iiprus.pdf INTERNATIONAL INVESTMENT POSITION Handbook on data sources] (2002).
- ↑ Central Bank of the Russian Federation. International investment position .