According to the Tax Justice Network, up to $32 trillion in hidden assets are held in offshore tax havens.
The increasing outflow of money into the offshore world starves developing countries of government revenues, enables kleptocrats to hide their illicitly acquired wealth, and allows global multinational companies to lawfully avoid paying hundreds of billions in taxes. Until recently, we lacked comprehensive and detailed academic studies for understanding the scope and inner workings of the offshore system.
This panel brings together three leading scholars to discuss their path-breaking research on important aspects of the offshore world and financial system. Beyond sharing their latest research findings on global tax havens, the global citizenship market, wealth asset management, and the informal economy, our panelists will discuss the research and investigative techniques that they have pioneered to reveal important dimensions of the offshore world.
- Kimberly Hoang, University of Chicago, author of Spiderweb Capitalism: How global elite exploit frontier markets
- Brooke Harrington, Dartmouth College, author of Capital without Borders: Wealth Managers and the One Percent
- Kristin Surak, LSE, author of The Golden Passport: Global Mobility for Millionaires
- Moderated by Ricardo Soares de Oliveira