International Financial Services Sectors in Small Vulnerable Economies

Challenges and Prospects

image of International Financial Services Sectors in Small Vulnerable Economies

Looks at current trends in financial regulation and supervision and particularly their impact on small vulnerable economies. The papers examine the following areas: trends in international financial regulation and supervision; political strategies for protecting Small States’ interests in global regulatory reform; sustainable capital markets and regional integration (the case of the Eastern Caribbean Currency Union) and international cooperation on taxation. For policymakers and researchers.



The Effective Participation of Small States in International Financial Fora

Over the last five years small state international financial centres have come under coordinated pressure from a series of multilateral regulatory initiatives set in motion by the G-7 countries. These efforts to impose new global financial regulations pose serious threats to the ability of small states to compete for a share of the market in international financial services. More broadly, the way in which the campaign to impose these new standards has been carried out poses a serious threat to the economic and political sovereignty of small states.


This is a required field
Please enter a valid email address
Approval was a Success
Invalid data
An Error Occurred
Approval was partially successful, following selected items could not be processed due to error