Treasure Islands by Nicholas Shaxson

Treasure Islands by Nicholas Shaxson

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Summary

Dirty money, tax havens and the offshore system describe the ugliest and most secretive chapter in the history of global economic affairs. Tax havens have been instrumental in nearly every major economic event, in every big financial scandal. This title shows how this happens.

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Treasure Islands by Nicholas Shaxson

* Dirty money, tax havens and the offshore system describe the ugliest and most secretive chapter in the history of global economic affairs. * Tax havens have declared war on honest, law-abiding people around the world. * Wealthy individuals hold over ten trillion dollars offshore. * Tax havens are the most important single reason why poor people and poor countries stay poor. * Britain and the United States are the world's two most important tax havens. * Tax havens now lie at the very heart of the global economy. Over half of world trade, and most international lending, is processed through them. * Tax havens have been instrumental in nearly every major economic event, in every big financial scandal, and in every financial crisis since the 1970s, including the latest global economic crisis. Treasure Islands shows how this happens and reveals what the economics text books will not tell you.
An utterly superb book -- Jeffrey Sachs
Shaxson combines meticulous research with amusing anecdotes, resulting in a very readable account of the murky world of offshore and a strong moral message that the system needs to be changed * Financial Times *
Excellent.. Shaxson comes as close as anyone ever has in getting the crux of the tax haven conundrum, which is to attempt to answer the question: why are they tolerated? - Evening Standard * Evening Standard *
A fascinating, chilling book -- Paul Krugman
Not just a crucial exposé of the corrupt systems endemic in the global economy, but also a rousing call to do something about them -- Holly Kyte * Sunday Telegraph *
Nicholas Shaxson is the author of Poisoned Wells, the Dirty Politics of African Oil, and an experienced journalist who has written regularly for the Financial Times, The Economist, Vanity Fair and many others.
SKU Unavailable
ISBN 13 9781847921109
ISBN 10 1847921108
Title Treasure Islands
Author Nicholas Shaxson
Condition Unavailable
Binding Type Paperback
Publisher Vintage Publishing
Year published 2011-01-06
Number of pages 336
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable