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Offshoring and financial markets

Author

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  • Gianfranco Battisti

    (University of Trieste)

Abstract

The paper analyses the nature and extent of the offshore world, a grey area that is playing a major role in present-day economy. The main institutions moulding this peculiar environment are discussed: preferential tax regimes, tax havens and offshore financial centers. Their role in the globalised world is outlined after a scrutiny of the specialized literature, reports by non-governmental bodies and companies’ advertisings. Finally, we present a tentative reconstruction of its geographical organization, inclusive of cartographic representations of the main international networks.

Suggested Citation

  • Gianfranco Battisti, 2014. "Offshoring and financial markets," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(2), pages 150-160.
    • Handle: RePEc:ura:ecregj:v:1:y:2014:i:2:p:150-160
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    File URL: http://economyofregion.ru/Data/Issues/ER2014/June_2014/ERJune2014_150_160.pdf
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    References listed on IDEAS

    as
    1. AndrewK. Rose & MarkM. Spiegel, 2007. "Offshore Financial Centres: Parasites or Symbionts?," Economic Journal, Royal Economic Society, vol. 117(523), pages 1310-1335, October.
    2. Dariusz Wójcik & Christopher Boote, 2011. "Tax havens: how globalization really works," Journal of Economic Geography, Oxford University Press, vol. 11(4), pages 753-756, July.
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    Cited by:

    1. Gianfranco Battisti, 2014. "SHADOW BANKING - A Geographical Interpretation," ERSA conference papers ersa14p642, European Regional Science Association.

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