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THE UNEVEN OFFSHORE WORLD IBD

ROUTLEDGE
09 / 2023
9780367751111
Inglés

Sinopsis

Informed by world-systems analysis,áthis bookáexamines theáshiftingá patterns ofáaccommodation 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 eliteáinterviews, theáauthors presentátheá first detailedá comparativeástudyáofá the Mauritius-India and Mauritius-Africa offshore relationships. These relationships serveá asá indicativeátestácasesáofá theácontemporaryá globalá taxá reformáagenda andáits promiseá toáreiná ináoffshore finance. WhereasáIndiaâÇÖsá economicá power andámultilateralá tracká recordá haveáenabledáitátoáactivelyá shapeá thisá agendaá 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 regulatoryáheadwinds.áTheá findingsá suggestá thatá the contemporaryáglobalátax reform agenda has thus far not only failed to make good on its promise but also actuallyá reinforcedá numerousáexistingá powerá hierarchies.áTheá Unevená Offshore World is written in an accessible style and aimed at readers without specialized knowledge of tax issues.

PVP
73,51