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In part because their yield is quite low by world standards, Japanese bonds are almost all held within the country -- just 5percentt are in foreign hands -- so there is little risk that large amounts of capital will flee offshore, destabilizing the economy.
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And if some of the high-frequency trading flees offshore?
Britannia may no longer rule the waves as the merchant fleet has shrunk or fled offshore, but London remains a huge centre for shipping services.
Freeports have been among the beneficiaries as undeclared money has fled offshore bank accounts as a result of tax-evasion crackdowns in America and Europe.The concept is an old one.
Many bright students were fleeing to offshore medical schools, or giving up hope entirely, when they could not get into domestic schools.
As international borrowing costs have risen, they have fled the offshore market and turned their attention back home, withdrawing local deposits, borrowing from local banks and cutting capital outlays.
Some villagers who fled to sandbars offshore hoping for sanctuary were trapped by rising tides.
People with portable skills flee, and those with money stash it offshore.
In Australia it should be noted that many of our refugees in offshore detention were originally persecuted Rohingya fleeing Myanmar.
In Australia, it should be noted that many of the country's refugees in offshore detention were originally persecuted Rohingya fleeing Burma.
In 1949, the Communists under Mao Zedong defeated the Nationalists and forced them to flee and move their seat of government to the offshore island of Taiwan, which had just been recovered from Japan in 1945.
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