Capital Economics Report Released

A new report by independent economics consultancy, Capital Economics, examines the contribution of the British Virgin Islands (BVI) to the world economy and conveys a very positive message about the small nation's global impact.

Making no excuses for the success the BVI has made of positioning itself as a top international business and finance centre, the report, Creating Value: BVI's Global Contribution, notes that the assets held by BVI business companies have an estimated global value of US$1½ trillion. Countries and companies from all over the world use these vehicles to manage and enhance their cross-border activities, including major international development banks (such as the European Bank for Reconstruction and Development) and businesses listed on the London, New York and Hong Kong main stock exchanges.