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Abstract

Investment abroad and into the UK both increased dramatically from the mid-1990s, reflecting the increased globalisation of the world economy. From 1998 to 2000 the increase was driven by global merger and acquisition activity. Since then, portfolio investment and banking activity have dominated cross-border investment.

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John Bundey

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© 2006 Crown copyright

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Bundey, J. (2006). Financial account. In: Bundey, J. (eds) United Kingdom Balance of Payments. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-99584-4_8

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  • DOI: https://doi.org/10.1007/978-1-349-99584-4_8

  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-1-4039-9387-8

  • Online ISBN: 978-1-349-99584-4

  • eBook Packages: Palgrave History CollectionHistory (R0)

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