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The Uneven Offshore World

The Uneven Offshore World
Author: Justin Robertson
Publisher: Routledge
Total Pages: 189
Release: 2022-03-24
Genre: Political Science
ISBN: 1000547914

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Informed by world-systems analysis, this book examines the shifting patterns of accommodation and resistance to the offshore world, with a particular focus on Mauritius as a critical but underappreciated offshore node mediating foreign investment into India and Africa. Drawing on a large pool of financial data and elite interviews, the authors present the first detailed comparative study of the Mauritius–India and Mauritius–Africa offshore relationships. These relationships serve as indicative test cases of the contemporary global tax reform agenda and its promise to rein in offshore finance. Whereas India’s economic power and multilateral track record have enabled it to actively shape this agenda and implement it in a robust manner, most African countries have found themselves either unable to meet its stringent criteria or unwilling to do so out of fear that it might discourage investment. Its impact on offshore financial centers has likewise been limited. A few of the least sophisticated ones appear to have fallen by the wayside, but the rest have either remained largely unaffected, or, like Mauritius, succeeded in consolidating their operations and surviving the current round of regulatory headwinds. The findings suggest that the contemporary global tax reform agenda has thus far not only failed to make good on its promise but also actually reinforced numerous existing power hierarchies. The Uneven Offshore World is written in an accessible style and aimed at readers without specialized knowledge of tax issues.


The Offshore World

The Offshore World
Author: Ronen Palan
Publisher: Cornell University Press
Total Pages: 252
Release: 2006
Genre: Business & Economics
ISBN: 9780801472954

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The atlas of contemporary capitalism is curious indeed. A desperately poor and civil-war-wracked nation, Liberia, is the world's shipping superpower; the Cayman Islands the fifth-largest financial center in the world; land-locked Zurich a venerable "offshore" banking center. Indeed, it is estimated that half of the global stock of money passes through tax havens. The logic of the offshore world, where millionaires and corporations roam in search of financial advantage, is slippery. It challenges many conventional assumptions about power and economics.In the single most comprehensive account of the offshore economy, Ronen Palan investigates the legal spaces, unregulated and yet maintained and supported by the state system, that have emerged for purposes of international finance, tax havens, export processing zones, flags of convenience, and e-commerce. The offshore economy had its beginnings in the late nineteenth century, saw early development after the First World War, and metastasized in the 1970s. Palan believes that a rapidly expanding offshore economy is now producing a new market in sovereignty; states have discovered that their rights to write law may be used as a commercial asset. This commercialization of sovereignty, he asserts, undermines the legitimacy of the nation-state and supports a form of nomadic capitalism.


Offshore

Offshore
Author: William Brittain-Catlin
Publisher: Farrar, Straus and Giroux
Total Pages: 292
Release: 2007-05-15
Genre: Business & Economics
ISBN: 0374707952

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A revealing-and chilling-exposé on the hidden side of global wealth and power A revealing-and chilling-exposé on the hidden side of global wealth and power Offshore is an unprecedented exploration of perhaps the most mysterious aspect of global society today-and one of the most provocative books about money and business to appear in the decade since the age of globalization began. The world of offshore finance is one of dummy companies, shadow bank accounts, post office boxes, foreign registries, and the like, which allow giant corporations--such as Wal-Mart, British Petroleum, and Citigroup--to keep huge profits out of sight of investors, regulators, and the public. Whether in the Cayman Islands or the shadowy redoubts of the Islamic financial center of Labuan, Malaysia, "offshore" is where the game of profit and loss is played. A third of the world's wealth is held offshore. Eighty percent of international banking transactions take place there. Half the capital in the world's stock exchanges is "parked" offshore at some point. Trained as a reporter and a private investigator, William Brittain-Catlin brings both skills to this gripping book. He tells the story of how tax havens have become central to global finance today; in so doing, he takes us into the secret networks of Enron and Parmalat, behind international trade disputes, and into organized crime and terror networks, giving disquieting evidence that, through offshore practices, the key value of capitalism and civilization alike-freedom-is being put in grave danger.


Perspectives on the State Borders in Globalized Africa

Perspectives on the State Borders in Globalized Africa
Author: Yuichi Sasaoka
Publisher: Routledge
Total Pages: 223
Release: 2022-02-25
Genre: Political Science
ISBN: 1000542785

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Assessing the different kinds of borders between African nations, the contributors present a borderland and trans-region approach to understanding the challenges and opportunities facing the peoples of the African continent. Africa faces rampant violence, terrorism, deterioration of water-energy-food provision, influxes of refugees and immigrants, and religious hatred under the trends of globalization. Solutions for these issues require new perspectives that are not attempted by conventional state-building approaches. Statehood is limited in many places on the African continent because many states are combined by loose political ties. African states’ borders tend to be regarded as porous and fragile. However, as the contributors to this volume argue, those porous borders can contribute to cultural and socio-economic network construction beyond states and the creation of active borderlands by increasing people’s mobility, contact, and trade. A must read for scholars of African studies that will also be of great value to academics and students with a broader interest in nationhood, globalization, and borders.


Making Sense of Cyber Capabilities for Small States

Making Sense of Cyber Capabilities for Small States
Author: Francis C. Domingo
Publisher: Routledge
Total Pages: 182
Release: 2022-03-28
Genre: Political Science
ISBN: 100055306X

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Domingo explores the potential of cyber capabilities for small states in the Asia-Pacific, the most active region for cyber conflict. He develops a systematic explanation for why Brunei, New Zealand, and Singapore have developed or are developing cyber capabilities. Studies on cyber conflict and strategy have substantially increased in the past decade but most have focused on the cyber operations of powerful states. This book moves away from the prominence of powerful states and explores the potential of cyber capabilities for small states in the Asia-Pacific, the most active region for cyber conflict. It develops a systematic explanation of why Brunei, New Zealand, and Singapore have developed or are developing cyber capabilities despite its obscure strategic value. The book argues that the distribution of power in the region and a "technology-oriented" strategic culture are two necessary conditions that influence the development of cyber capabilities in small states. Following this argument, the book draws on neoclassical realism as a theoretical framework to account for the interaction between these two conditions. The book also pursues three secondary objectives. First, it aims to determine the constraints and incentives that affect the utilization of cyber capabilities as foreign policy instruments. Second, the book evaluates the functionality of these cyber capabilities for small states. Lastly, it assesses the implications of employing cyber capabilities as foreign policy tools of small states. This book will be an invaluable resource for academics and security analysts working on cyber conflict, military strategy, small states, and International Relations in general.


Offshore Tax Evasion

Offshore Tax Evasion
Author: United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Permanent Subcommittee on Investigations
Publisher:
Total Pages: 1022
Release: 2014
Genre: Banks and banking, Foreign
ISBN:

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Keywords in Radical Geography

Keywords in Radical Geography
Author: The Antipode Editorial Collective
Publisher: John Wiley & Sons
Total Pages: 294
Release: 2019-06-10
Genre: Science
ISBN: 1119558158

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The online version of Keywords in Radical Geography: Antipode at 50 is free to download here. Alternatively, print copies can be purchased for just GB£7 / US$10 here. ******************************************************************************** To celebrate Antipode’s 50th anniversary, we’ve brought together 50 short keyword essays by a range of scholars at varying career stages who all, in some way, have some kind of affinity with Antipode’s radical geographical project. The entries in this volume are diverse, eclectic, and to an extent random, however they all speak to our discipline’s past, present and future in exciting and suggestive ways Contributors have taken unusual or novel terms, concepts or sets of ideas important to their research, and their essays discuss them in relation to radical and critical geography’s histories, current condition and possible future directions This fractal, playful and provocative intervention in the field stands as a fitting testimony to the role that Antipode has played in the generation of radical geographical engagement with the world


Offshore Finance Centers and Tax Havens

Offshore Finance Centers and Tax Havens
Author: Mark Hampton
Publisher: Purdue University Press
Total Pages: 284
Release: 1999
Genre: Business & Economics
ISBN: 9781557531650

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Offshore finance has transformed many small jurisdictions into high income economies and has facilitated the growth of global financial markets, deregulation and the convergence of economic policies worldwide.


Global City Makers

Global City Makers
Author: Michael Hoyler
Publisher: Edward Elgar Publishing
Total Pages:
Release: 2018-09-28
Genre: Business & Economics
ISBN: 1785368958

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Global City Makers provides an in-depth account of the role of powerful economic actors in making and un-making global cities. Engaging critically and constructively with global urban studies from a relational economic geography perspective, the book outlines a renewed agenda for global cities research. Focusing on financial services, management consultancy, real estate, commodity trading and maritime industries, the detailed studies in this volume are located across the globe to incorporate major world cities such as London, New York and Tokyo as well as globalizing cities including Mexico City, Hamburg and Mumbai.


The Sink

The Sink
Author: Jeffrey Robinson
Publisher: Constable & Robinson
Total Pages: 408
Release: 2003
Genre: Business & Economics
ISBN:

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In the globalised 21st century, where organised criminals and international terrorists reign as the most powerful special-interest group, money laundering has grown from a niche white-collar crime into an industry that reaches deep into legitimate business and government. Following in the footsteps of his previous international bestseller - The Laundrymen (heralded as the definitive work on money laundering) - Jeffrey Robinson brings the story full circle, back to the netherworld, where the business of crime and the business of terror do their banking. In his highly readable, devastating expos�, the first thorough dissection of the dark heart of global capitalism, Robinson follows a trail of dirty money as it moves from the streets of Manchester and Karachi, Chicago and Dubai, via the Channel Islands, to the beaches of Antigua, the Caymans and the Pacific. It is a path that leads ultimately to the dealing rooms of New York, the vaults of Zurich and the plushest boardrooms of the City of London. Dirty money drives much of the world's economy. But who exactly are the people behind its shadowy operations? Robinson fingers them, lifting the lid on the lawyers, bankers, accountants, company formation agents, CEOs, despots and governments who have created - and who actively sustain - this world of window-dressing regulations. It is a world where the criminal, terrorist and corporate giant live side by side, beyond the reach of the law, growing into forms of weightless, invisible power. Society has to face a stark choice. Either to find the will and the means to bring law and order to the offshore world. Or to lie down and accept a future of pervasive corruption and the possible collapse of any real democracy.