01761cas a2200241 a 4500 AALejournalIMF004834 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451866513 1018-5941 BD-DhAAL BD-DhAAL Zorome, Ahmed. Concept of Offshore Financial Centers : In Search of an Operational Definition / Ahmed Zorome. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper proposes a new definition of Offshore Financial Centers (OFCs) and develops a statistical method to differentiate between OFCs and non-OFCs using data from the Coordinated Portfolio Investment Survey (CPIS), the International Investment Position (IIP), and the balance of payments. The suggested methodology identifies more than 80 percent of the OFCs in the study sample that also appear in the a priori list used by the IMF to conduct its OFC assessment program. The methodology distinguishes OFCs based strictly on their macroeconomic features and avoids subjective presumptions on their activities or regulatory frameworks. The study also identifies three new countries meeting OFC criteria. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2007/087 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/087/001.2007.issue-087-en.xml IMF e-Library