Series: IMF Working Papers
Author(s): Luca Errico , and Alberto Musalem Borrero
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 1999
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...