Cross-Border Investment in Small International Financial Centers

WPIEA2010038 Image
Price:  $18.00

Author/Editor: Gian Maria Milesi-Ferretti, Philip R. Lane
Release Date: © February, 2010
ISBN : 978-1-45196-283-3
Stock #: WPIEA2010038
Stock Status: On back-order

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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.


Foreign exchange , International financial system

More publications in this series: Working Papers

More publications by: Gian Maria Milesi-Ferretti ; Philip R. Lane