Offshore Banking : An Analysis of Micro- and Macro-Prudential Issues /

The paper takes a closer look at offshore banking-a pervasive practice that has played a role in recent crises. Offshore banking is an increasingly attractive alternative to the sometimes heavily regulated financial markets of emerging economies. From a microeconomic vantage point, offshore banks se...

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Bibliographic Details
Main Author: Errico, Luca
Other Authors: Musalem Borrero, Alberto
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/005
Online Access:Full text available on IMF