Mapping Financial Centres

Abstract

This review provides suggestive evidence of key International Financial Centres (IFCs) for developing countries by analysing capital movements to and from selected regions and economies. While these capital flows are not driven by tax considerations alone, their concentration in certain jurisdictions is suggestive. Through this analysis, it identifies 5 global IFCs that serve countries across the developing world. K4D helpdesk reports provide summaries of current research, evidence and lessons learned. This report was commissioned by the UK Department for International Development