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Offshore Finance and State Power
Engelsk Hardback

Offshore Finance and State Power

Engelsk Hardback

892 kr
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6 - 8 hverdage

Om denne bog
Offshore financial centers such as Luxembourg, the Cayman Islands or the City of London provide non-residents with a legal framework that is strong on property rights and soft on taxation and regulation. Building on a historical-institutionalist comparison of Britain, Germany, Brazil, and Mexico, Offshore Finance and State Power asks how these offshore financial services affect the power of the state. Combining a concept analysis with empirical research, the book finds that economic actors go offshore to create money more than to hide it. Legal offshore banking trumps tax planning or money laundering in its impact on state power.Offshore Finance and State Power also reveals that the relationship between the two is not straightforward. Offshore finance can limit state power by transmitting the volatility of unregulated offshore banking into the domestic economy. Yet, counterintuitively, offshore finance can also enhance state power. It provides governments with an extraterritorial vehicle to cover up political conflicts over how to finance the state and to mitigate class conflict. To which extent a state can put offshore finances at its own service, depends on a country''s domestic elite constellation and the tax and bank bargains they have forged throughout history.
Product detaljer
Sprog:
Engelsk
Sider:
230
ISBN-13:
9780192870124
Indbinding:
Hardback
Udgave:
ISBN-10:
0192870122
Kategori:
Udg. Dato:
9 feb 2023
Længde:
19mm
Bredde:
161mm
Højde:
242mm
Forlag:
Oxford University Press
Oplagsdato:
9 feb 2023
Forfatter(e):
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