Why Tax Havens Are Political and Economic DisastersThe Atlantic (2016)
This article reviews the "finance curse"--the paradox of economic, political and social decline in countries that otherwise seem to be prospering by serving as offshore tax havens. Using examples from Panama, Antigua and Luxembourg, the article details how the influx of foreign money leads to greater corruption, inequality and crime.
- finance curse,
- offshore banking,
- wealth management
Publication DateJuly 28, 2016
Citation InformationElisabeth Brooke Harrington. "Why Tax Havens Are Political and Economic Disasters" The Atlantic (2016)
Available at: http://works.bepress.com/brooke_harrington/46/