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Offshore financial centres in the Caribbean : prospects in a new environment

William, Oral H.

Offshore financial centres in the Caribbean : prospects in a new environment - 2005

Reviews the current structure and status of offshore financial sectors in various English-speaking Caribbean countries. Estimates the cost of compliance with international standards. Concludes that, under current international best practices, costs associated with these sectors have increased. Opines that the prospects for significant net economic benefits from development of this sector for new entrants appear to be limited.










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