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There wasn't a particularly high level of foreign trade or conflict for the first two millennia.
A spokesman for Knight Frank said the very high level of foreign investment related to "a narrow percentage of the market and in the total market across London it is a much smaller proportion".
John Swinney, the Scottish finance secretary, said new evidence about the impact of a high level of foreign ownership on Scotland's wealth had made the case for independence even stronger.
While broadly endorsing Latvian membership, the ECB pointed to risks entailed in the high level of foreign deposits in Latvian banks, a reference to the Russian funds held in Latvian accounts, which amount to about 40% of national GDP.
Toyota, regarded as an archetype of corporate Japan in many respects, is a typical example: it has switched from bank financing to bonds, has a high level of foreign ownership and has introduced stock options.
Swinney said a Guardian special report on the high level of foreign and UK control over significant parts of the Scottish economy had established that Scotland needed new tax, economic and borrowing powers to keep its wealth within the country and to boost domestic industry.
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"This is important because when you look at other places in the city where there is a high level of foreign-born, infant mortality rates are closer to 6percentt," Dr. Paggio said.
For the moment, I don't see a good reason to believe that the bursting of this particular bubble will be catastrophic — what made the Asian crisis of 1997-8 so bad was the high level of foreign-currency denominated debt, and that seems less of an issue now.
Hungary's main problem has been its high level of foreign-denominated debt, and the recent drop in the value of the forint (due to the large current account deficit) has been devastating for the economy.
The worst-affected nations had high levels of foreign currency debt and insufficient reserves with which to fight the speculators.
That's despite the concerns over high levels of foreign savings in its banking sector (see 11.31am).
More suggestions(17)
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