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

An Analysis of Micro- and Macro-Prudential Issues

Offshore Banking : An Analysis of Micro- and Macro-Prudential Issues
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 financial markets of emerging economies. From a microeconomic vantage point, offshore banks seem to exploit the risk-return tradeoff by being... READ MORE...

Publication date: January 1999
ISBN 9781451842166
$15.00

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