Cross-Border Investment in Small International Financial Centers / Philip Lane, Gian Milesi-Ferretti.

Format:

Book

Government document

Author/Creator:

Lane, Philip.

Contributor:

Milesi-Ferretti, Gian.

Series:

IMF Working Papers; Working Paper ; No. 2010/038

IMF Working Papers

Language:

English

Subjects (All):

Investments, Foreign.

Financial institutions, International.

Physical Description:

1 online resource (34 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2010.

Language Note:

English

Summary:

This note documents and assesses the role of small financial centers in the international financial system using a newly-assembled dataset. It presents estimates of the foreign asset and liability positions for a number of the most important small financial centers, and places these into context by calculating the importance of these locations in the global aggregate of cross-border investment positions. It also reports some information on bilateral cross-border investment patterns, highlighting which countries engage in financial trade with small financial centers.

Contents:

Contents; I. Introduction; II. International financial activities of Small Financial Centers; III. Data Construction; IV. Country Characteristics and External Balance Sheet of the sifc group; V. Bilateral patterns; VI. The Effects of the Financial Crisis: A Preliminary Look; VII. Concluding Remarks; Appendix 1...; Appendix 2...; References; Tables; 1. Small Financial Centers: Main International Financial Activity; 2. Basic Country Characteristics; 3. Political Status of Small International Financial Centers; 4. Exchange Rate Regime; 5. SOFC: Size of the External Balance Sheet

6. Relative Importance of Asset Trade with SIFCs7. Sum of External Assets and Liabilities of Financial Centers; Figures; 1. Share of SIFC Group in Global Aggregates; 2. External Balance Sheets: A Global Comparison; 3. Country Shares in SIFC Balance Sheet; 4. SIFC Share of External Assets and Liabilities in Broad Group of Financial Centers; 5. Composition of International Balance Sheet for SIFC Group; 6. Hong Kong S.A.R. of China: FDI Assets and Liabilities; 7. A. Share of SIFC Group in Global Cross-Border Portfolio Holdings; B. SIFC Claims on and Liabilities vis-à-vis BIS Reporting Banks

8. Claims and Liabilities of SIFC vis-à-vis Individual Partner Countries

Notes:

Description based upon print version of record.

Includes bibliographical references.

Description based on print version record.

ISBN:

9786613869371

9781462337590

1462337597

9781452780320

1452780323

9781283556927

1283556928

9781451918830

1451918836

OCLC:

680613592