Concept of Offshore Financial Centers

Concept of Offshore Financial Centers
Author :
Publisher : International Monetary Fund
Total Pages : 38
Release :
ISBN-10 : UCSD:31822034578484
ISBN-13 :
Rating : 4/5 (84 Downloads)

Book Synopsis Concept of Offshore Financial Centers by : Ahmed Zoromé

Download or read book Concept of Offshore Financial Centers written by Ahmed Zoromé and published by International Monetary Fund. This book was released on 2007-04 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper proposes a new definition of Offshore Financial Centers (OFCs) and develops a statistical method to differentiate between OFCs and non-OFCs using data from the Coordinated Portfolio Investment Survey (CPIS), the International Investment Position (IIP), and the balance of payments. The suggested methodology identifies more than 80 percent of the OFCs in the study sample that also appear in the a priori list used by the IMF to conduct its OFC assessment program. The methodology distinguishes OFCs based strictly on their macroeconomic features and avoids subjective presumptions on their activities or regulatory frameworks. The study also identifies three new countries meeting OFC criteria.


Concept of Offshore Financial Centers Related Books

Concept of Offshore Financial Centers
Language: en
Pages: 38
Authors: Ahmed Zoromé
Categories: Business & Economics
Type: BOOK - Published: 2007-04 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This paper proposes a new definition of Offshore Financial Centers (OFCs) and develops a statistical method to differentiate between OFCs and non-OFCs using dat
Offshore Financial Centres and the Law
Language: en
Pages: 133
Authors: Dominic Thomas-James
Categories: Business & Economics
Type: BOOK - Published: 2021-07-15 - Publisher: Routledge

DOWNLOAD EBOOK

This book considers the ability of island jurisdictions with financial centres to meet the expectations of the international community in addressing the threats
The Value of Offshore Banking to the Global Financial System
Language: en
Pages: 62
Authors: John E. Baiden
Categories: Business & Economics
Type: BOOK - Published: - Publisher: Xlibris Corporation

DOWNLOAD EBOOK

The Role of offshore Centers in International Financial Intermediation
Language: en
Pages: 68
Authors: Marcel Cassard
Categories: Business & Economics
Type: BOOK - Published: 1994-09-01 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a
Banking Secrecy and Offshore Financial Centers
Language: en
Pages: 218
Authors: Mary Alice Young
Categories: Business & Economics
Type: BOOK - Published: 2013 - Publisher: Routledge

DOWNLOAD EBOOK

This book brings together the issues surrounding banking secrecy and confiscation of criminal proceeds in offshore financial centres. The book examines the exis