Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens
Description
This incisive investigation exposes how offshore banking networks and tax havens enable wealth to move beyond public oversight, depriving governments and communities of vital revenue. Tracing the system from Switzerland and Panama to the Cayman Islands and Delaware, it reveals the legal structures, secrecy jurisdictions, and financial practices that allow corporations and wealthy individuals to minimize or evade taxation. The book connects these mechanisms to widening inequality, corruption, and the economic pressures facing developing nations, while challenging the common assumption that tax havens are marginal or distant phenomena. Combining vivid reporting with clear economic analysis, it offers a compelling account of a hidden financial system and its far-reaching consequences for democracy and global justice.
Available Editions
paperback
Palgrave Macmillan
Published Jan 1, 2011
264 pages
ISBN: 9780230105010
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Details
First Published
2011
Language
eng
Content Warnings
Content and trigger warnings for Treasure Islands: Uncovering the Damage of Offshore Banking and Tax Havens by Nicholas Shaxson.