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999 _c231935
_d231935
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020 _a9788189930486
082 _a332.673 PAL
100 _aPalan, Ronen
245 0 _aTax havens
260 _aNew Delhi
260 _bSupernova Publishers
260 _c2010
300 _a270 p.
365 _b9000
365 _dRS
520 _aIn Tax Havens, Ronen Palan, Richard Murphy, and Christian Chavagneux provide an up-to-date evaluation of the role and function of tax havens in the global financial system-their history, inner workings, impact, extent, and enforcement. They make clear that while, individually, tax havens may appear insignificant, together they have a major impact on the global economy. Holding up to $13 trillion of personal wealth-the equivalent of the annual U.S. Gross National Product-and serving as the legal home of two million corporate entities and half of all international lending banks, tax havens also skew the distribution of globalization's costs and benefits to the detriment of developing economies.
650 _aGlobal financial system
942 _cB
_2ddc