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Drivers of an international financial centre: lessons for Mauritius

Author

Listed:
  • Kheswar JANKEE

    (University of Mauritius, Mauritius)

Abstract

There has been a lot of recent debate on Mauritius as a tax haven and the predominant role of double taxation agreement (DTAs) as a major factor determining the growth of Mauritius as an IFC. This paper studies the factors leading to growth of an International Financial Centre (IFC) and the nexus between the status of an IFC and financial development. Using a Probit model, we investigate whether factors like institutional quality, financial openness, financial development, law and regulatory framework determine the successful positioning of IFCs including Mauritius.

Suggested Citation

  • Kheswar JANKEE, 2014. "Drivers of an international financial centre: lessons for Mauritius," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(Special), pages 258-272, June.
    • Handle: RePEc:agr:journl:v:xxi:y:2014:i:special:p:258-272
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