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A Hudson PHD Globalization Regulation Geography PDF

379 Pages·2012·English
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by ['unsuiboddhi']| 2012| 379 pages| English

About A Hudson PHD Globalization Regulation Geography

This dissertation examines the development of offshore financial centers (OFCs) in the Bahamas and Cayman Islands. It explores how these small states have constructed regulated places within the global financial system through practices like establishing secrecy laws and tax exemptions. The author conducted interviews and reviewed documents to understand how and why the Bahamas and Cayman Islands developed their OFCs. They found that both states sought to develop their economies by attracting international finance. Through establishing legal and regulatory frameworks, they constructed places that appealed to global investors while maintaining control over economic activity within their territories. However, the author also notes tensions between offshore finance and local communities. While the sectors grew rapidly, not all benefits were shared equally. The

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Author:['unsuiboddhi']
Publication Year:2012
Pages:379
Language:English
Format:PDF
Price:FREE
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