net international investment position순대외금융자산
What a country's residents own abroad minus what foreigners own in that country. A negative position means foreigners own more of the country than it owns of the rest of the world.
In these articles
- Foreigners poured money into US stocks, yet buying built little of the rise in their pile
- Korea's economy grew more slowly, not faster, when the won weakened against the dollar
Here: Korean shares held by foreigners count as a liability at market value, so rising share prices lower the position without new borrowing.