| Description |
1 online resource (56 pages) : illustrations |
| Series |
IMF working paper, 2227-8885 ; WP/99/5 |
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IMF working paper ; WP/99/5.
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| Summary |
Offshore banking is a pervasive activity both with respect to the number of offshore financial centers (OFCs) and the volume of transactions. A number of factors ranging from favorable regulatory frameworks and convenient fiscal regimes, to the possibility of engaging in illegal activities, including money laundering, continue to attract business to OFCs. Offshore banking appears to be a particularly appealing option to the sometimes heavily regulated and maturing financial markets of emerging economies, especially those experiencing sustained high growth rates and in need of investment financing. Currently, OFCs are an important and growing intermediation channel for emerging economies, as suggested by a large and growing share of OFC assets and liabilities in relation to these countries |
| Bibliography |
Includes bibliographical references (pages 55-56) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
|
English |
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Print version record |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
| Subject |
Banks and banking, Foreign.
|
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Banks and banking, International.
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Capital movements.
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Risk management.
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Financial crises
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Banking law.
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Risk Management
|
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risk management.
|
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Banking law
|
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Banks and banking, Foreign
|
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Banks and banking, International
|
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Capital movements
|
|
Financial crises
|
|
Risk management
|
| Form |
Electronic book
|
| Author |
Musalem, Alberto R., 1940-
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International Monetary Fund. Monetary and Exchange Affairs Department
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| ISBN |
1451890435 |
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9781451890433 |
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1281603376 |
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9781281603371 |
|
9781451842166 |
|
1451842163 |
|
1462340016 |
|
9781462340019 |
|
1452749302 |
|
9781452749303 |
|
9786613784063 |
|
6613784060 |
|
