Banking and Finance in Islands and Small States / Edition 1

by Michael Bowe, Lino Briguglio, James W. Dean

Overview

This collection of essays analyzes the special characteristics of the banking and financial sectors in islands and small states, and focuses on three main areas: the general financial environment; offshore financial centres; and banking and financial regulation. The main emphasis is on territories where banking and financial activity make a substantial contribution to gross domestic product.

Product Details

ISBN-13:	9781855674899
Publisher:	Taylor & Francis
Publication date:	06/04/1998
Series:	Island Studies Series
Pages:	314
Product dimensions:	6.12(w) x 8.50(h) x (d)

About the Author

Bowe, Michael; Briguglio, Lino; Dean, James W.

Table of Contents

Contributors, Preface, Introduction, 1. Financial Services Location and Competition among Financial Centres in Europe, 2. Financial Deregulation and Offshore Banking: Lessons for Malta from Australasian/Asia-Pacific Experience, 3. Labuan, Malta and Belize: Evolution of Three Small Offshore Banking Centres, 4. Banking, Finance and Offshore Banking Activities in the Island of Mauritius, 5. Mapping the Minefield: Theories of Island Offshore Finance Centres with Reference to Jersey, 6 Offshore Finance Activities in Vanuatu: an Empirical Study of Determinants and Growth, 7. Analysing the Emergence of an Offshore Banking Centre: the Case of Bahrain, 8. Sovereignty, Security, and the Development of Offshore Financial Centres in the Pacific Islands, 9. Majoring in Finance: Implications and Key Issues, 10. The Impact of International Companies on the Economies of Small Islands: a Case Study of Bermuda, 11. The Liberalization of Interest Rates in Malta: Policies and Strategic Options, 12. The Money Supply Process in Two Small Island States: Malta and Cyprus, 1960-1993, 13. International Banking and Securities Market Regulation: an Analysis of Recent Approaches, 14. The Proposed Additional Capital Requirements for the Management of Banks' Interest Rate Risk, 15. The 'OECD Club Rule' in Bank Risk-based Capital Adequacy: Implications for Malta and Other Small States, Name Index, Subject Index

Editorial Reviews

Fifteen papers present analyses of the characteristics of the financial sectors in small territories, covering three main areas: the general financial environment; offshore financial centers, and banking and financial regulation. Focusing on territories where banking and financial institutions make a substantial contributions to gross domestic product, the papers explore not only how international regulations affect the territories, but also how the territories financial activities affect the wider world. Banking and financial centers treated include Mauritius, Labuan, Malta, Belize, Vanuata, Jersey, Bahrain, Bermuda, and Cyprus. Distributed by Continuum. Annotation c. by Book News, Inc., Portland, Or.

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