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

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

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: Financial crisis, Offshore Banking, Cross-Border Capital Flows, Banking Problems, Financial Crises, Prudential Regulations, Banking Supervision, banking, offshore banks, consolidated supervision

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 financia...