MIEDZYNARODOWA POZYCJA INWESTYCYJNA STANÓW ZJEDNOCZONYCH AMERYKI PÓŁNOCNEJ NA POCZĄTKU XXI WIEKU
INTERNATIONAL INVESTMENT POSITION OF THE UNITED STATES AT THE BEGINING OF THE XXI CENTURY

Summary/Abstract: The aim of the article is to present the U.S. international investment position. Scale and changes in the U.S. international investment position were presented in the first part of the article and implications of its deterioration in the second part. The main concerns are: the emergence and intensification of global imbalances, growth of U.S. external debt, increasing vulnerability of the U.S. economy to sudden outflows of foreign capital, a deterioration of a net surplus of income account in the balance of payments and growing presence of foreign governments in american economy.

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