1st Edition

Banking and Finance in Islands and Small States

Edited By Michael Bowe, Lino Briguglio, James W. Dean Copyright 1998
    316 Pages
    by Routledge

    314 Pages
    by Routledge

    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.

    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

    Biography

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