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The role of offshore in the international economy

Offshore jurisdictions attempt to attract foreign capital to themselves by
having lower financial regulatory requirements than other jurisdictions. By
examining the literature and the latest data on financial flows, the thesis
attempts to identify the sources of the powerful systematic causes and effects of
Offshore. It does this by disaggregating elements of Offshore that are normally
conflated. An eclectic theory based on elements of liberal international theory
and world-system structuralism is constructed in order to clarify the role of
Offshore in the international economy.
The conclusions are that Offshore is an integral part of the current global
economic system; that further research may reveal that Offshore serves
hegemonic interests; that regulatory competition is likely to remain a part of the
international economy for the foreseeable future; and that, by finding common
interests among hegemons and others, the invidious Offshore element of
secrecy has a serious chance of being curtailed so that systematic stability can
be increased.

Identiferoai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:BVAU.2429/10257
Date05 1900
CreatorsGoldman, Ian
Source SetsLibrary and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada
LanguageEnglish
Detected LanguageEnglish
TypeElectronic Thesis or Dissertation
RelationUBC Retrospective Theses Digitization Project [http://www.library.ubc.ca/archives/retro_theses/]

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