Cross-Border Investment in Small International Financial Centers
Electronic Access:
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Summary:
This note documents and assesses the role of small financial centers in the international financial system using a newly-assembled dataset. It presents estimates of the foreign asset and liability positions for a number of the most important small financial centers, and places these into context by calculating the importance of these locations in the global aggregate of cross-border investment positions. It also reports some information on bilateral cross-border investment patterns, highlighting which countries engage in financial trade with small financial centers.
Series:
Working Paper No. 2010/038
Subject:
Balance of payments Banking Financial crises Financial services Financial statements Foreign direct investment Offshore financial centers Portfolio investment Public financial management (PFM)
English
Publication Date:
February 1, 2010
ISBN/ISSN:
9781451962833/1018-5941
Stock No:
WPIEA2010038
Pages:
33
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