Exploring the Offshore Interface: the relationship between tax havens, tax evasion, corruption and economic development.

Hampton, Mark P. (1995) Exploring the Offshore Interface: the relationship between tax havens, tax evasion, corruption and economic development. Crime, Law and Social Change, 24 (4). pp. 293-317. ISSN 0925-4994 . (The full text of this publication is not available from this repository)

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Abstract

The connections between economic development, corruption, and the increasingly globalised financial system are not yet fully understood. This paper examines the offshore interface - tax havens and offshore finance centres - that lies between the developed countries and Less Developed Countries (LDCs), part of the international financial system where legitimacy meets corruption. The central argument is that the existence of the offshore interface facilitates and can even encourage onshore corruption. New technology, in combination with strict bank secrecy in the "private banking" offshore networks of major banks, allows rapid international flows of funds, illustrating an increasing synergy between the offshore interface, globalisation and onshore corruption.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
J Political Science > JC Political theory
Divisions: Faculties > Social Sciences > Kent Business School
Depositing User: Mark Hampton
Date Deposited: 06 Nov 2009 14:04
Last Modified: 21 May 2014 14:36
Resource URI: http://kar.kent.ac.uk/id/eprint/23055 (The current URI for this page, for reference purposes)
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