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OFFSHORE FINANCIAL CENTRES (3) answer(s).
 
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ID:   192310


Invisible on the globe but not in the global: Decolonising IR using small island vistas / Hinds, Kristina   Journal Article
Hinds, Kristina Journal Article
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Summary/Abstract Teaching and studying International Relations (IR) in the Caribbean makes the region’s invisibility unmissable. Nevertheless, these locales have significantly influenced the structure of global processes and are also acutely affected by global occurrences. Exposure to the global has led Caribbean scholarship to offer worthwhile insights into world affairs. Thinkers from the region and its diaspora provide noteworthy perspectives about the criticality of the Caribbean in building systems of empire and a world structured around race, class, and gender in ways that mainstream IR approaches may miss. This article takes its starting point as the Caribbean intellectual tradition. Grounding IR scholarship in this neglected, though highly pertinent, thought tradition is one angle from which to decolonise the discipline. The article connects these insights to an appraisal of a nimble strategy that Caribbean states and territories employ to navigate the global. The strategy of developing offshore financial centres (OFCs) can educate us about the functioning of the world if we are willing to think about it as embedded in global processes rather than as a problematic gimmick. In sum, this piece illustrates how using Caribbean thought and examining Caribbean global integration strategies can help to decolonise IR.
Key Words Race  Gender  Decolonisation  Class  Offshore Financial Centres  Caribbean Thought 
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2
ID:   103860


Looking for plan B: what next for Island hosts of offshore finance / Hampton, Mark P; Christensen, John   Journal Article
Hampton, Mark P Journal Article
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Publication 2011.
Summary/Abstract This paper examines offshore finance centres and tax havens that are hosted by small island economies (SIEs). In many cases, hosting offshore finance has been a lucrative activity for SIEs since the 1960s in terms of employment (direct and indirect) and overall contribution to GDP and government revenues. Despite the scale and reach of the global offshore economy, at present many SIE hosts face an unsettled future in light of significant international pressure from nation states, international organisations such as the EU and OECD and, increasingly, from civil society in both the developed and less-developed world. Given the economic importance of hosting offshore finance for many SIEs around the world, the development options facing many island jurisdictions are discussed. The paper poses the fundamental question: what has changed since the major initiatives around the year 2000? Then the situation facing many SIE hosts, the changing global political economy and their shifting negotiations and alliances within it are discussed.
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3
ID:   139544


Pitfalls of using foreign direct investment data to measure Chinese multinational enterprise activity / Sutherland, Dylan; Anderson, John   Article
Anderson, John Article
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Summary/Abstract The growth of Chinese multinational enterprises (MNE) has stimulated great interest in their outward foreign direct investment (FDI) strategies, particularly among academics in business and management studies. To date, however, serious methodological shortcomings plague empirical studies in these disciplines. Specifically, the vital issue of how Chinese MNEs use and route FDI via tax havens and offshore financial centres is not adequately dealt with. These practices have created large geographical, industrial composition and volume biases in Chinese outward FDI data. Using a sample of 100 Chinese MNEs, we illustrate how the use of tax havens and offshore financial centres has created these biases, and examine the implications for understanding Chinese MNE activity.
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