A01=Charles A. Dainoff
Age Group_Uncategorized
Age Group_Uncategorized
anti-tax haven regimes
Author_Charles A. Dainoff
automatic-update
Category1=Non-Fiction
Category=GTQ
Category=JFFS
Category=JPS
Category=KFCT
Category=KFFD
COP=United States
Delivery_Delivery within 10-20 working days
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
international organizations
international political economy
Language_English
PA=Available
Price_€50 to €100
PS=Active
softlaunch
sovereignity
tax haven behavior
tax havens
Product details
- ISBN 9781793619914
- Weight: 476g
- Dimensions: 161 x 228mm
- Publication Date: 18 Aug 2021
- Publisher: Bloomsbury Publishing Plc
- Publication City/Country: US
- Product Form: Hardback
- Language: English
Secure
checkout
Fast Shipping
Easy returns
In Outlaw Paradise, the author argues that countries become tax havens as a conscious economic development strategy. These countries do not have the natural resources or the population to pursue more traditional economic development strategies, but they do have the ability to write and implement laws that create a virtual resource: banking secrecy. These countries are able to carry out this strategy because they tend to be well-governed, stable, and relatively wealthy, making them attractive partners for the international banking, legal, and accounting firms that drive offshore finance. The qualities tax havens possess also enable them to calculate that the benefits they reap from pursuing this strategy outweigh any penalties assessed by anti-tax haven international collective action activities, such as the naming and shaming campaigns of 2000 and 2009. The author argues that, while the tax havens seem to be complying with the campaigns from a juridical standpoint, actual financial behavior is unaffected. The author further argues that this outcome is predetermined given the nature of international regimes and the history of the concept of sovereignty, as well as tax haven relationships to both. Finally, Outlaw Paradise offers policy prescriptions and surveys recent developments resulting from the Panama Papers.
Charles A. Dainoff is an assistant professor in the Politics and Philosophy Department of the University of Idaho.
