The Offshore World: Sovereign Markets, Virtual Places, and Nomad Millionaires. Ronen Palan

The Offshore World: Sovereign Markets, Virtual Places, and Nomad Millionaires



Download The Offshore World: Sovereign Markets, Virtual Places, and Nomad Millionaires



The Offshore World: Sovereign Markets, Virtual Places, and Nomad Millionaires Ronen Palan ebook
Publisher: Cornell University Press
Page: 225
ISBN: 9780801472954


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 ...

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