IMF Programs and Financial Flows to Offshore Centers /

This paper examines whether IMF lending is associated with increases in outflows to offshore financial centers (OFCs), known for bank secrecy and asset protection, relative to other international destinations. Using quarterly data from the BIS on bilateral bank deposits, we are unable to detect any...

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Detalhes bibliográficos
Autor principal: Aiyar, Shekhar
Outros Autores: Patnam, Manasa
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2021.
coleção:IMF Working Papers; Working Paper ; No. 2021/146
Assuntos:
Acesso em linha:Full text available on IMF