Cross-Border Investment in Small International Financial Centers

Philip Lane and Gian Maria Milesi-Ferretti ()

The Institute for International Integration Studies Discussion Paper Series from IIIS

Abstract: We document and assess the role of small financial centers in the international financial system using a newly-assembled dataset. We present estimates of the foreign asset and liability positions for a number of the most important small financial centers, and place these into context by calculating the importance of these locations in the global aggregate of cross- border investment positions. We also report data on bilateral cross-border investment patterns, highlighting which countries engage in financial trade with small financial centers.

Keywords: Financial centers; international investment position; capital flows. (search for similar items in EconPapers)
JEL-codes: F31 F32 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2010-02
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Citations: View citations in EconPapers (23)

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https://www.tcd.ie/triss/assets/PDFs/iiis/iiisdp316.pdf

Related works:
Journal Article: Cross-Border Investment in Small International Financial Centres (2011)
Working Paper: Cross-Border Investment in Small International Financial Centers (2010)
Working Paper: Cross-Border Investment in Small International Financial Centers (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:iis:dispap:iiisdp316

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