European Parliament Library

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

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
Table Of 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
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (34 p.)
Specific Material Designation
Form Of Item

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