Offshore Banking : An Analysis of Micro- and Macro-Prudential Issues »
Journal Issue
Volume/Issue: 1999/5
Series: IMF Working Papers
Author(s): Luca Errico , and Alberto Musalem Borrero
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1999
DOI: http://dx.doi.org/10.5089/9781451842166.001
ISBN: 9781451842166
Keywords: Offshore Banking, Cross-Border Capital Flows, Banking Problems, Financial Crises, Prudential Regulations, Banking Supervision, banking, offshore banks, consolidated supervision, supervisory authorities
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 f...