Treasure Islands: Tax Havens and the Men who Stole the World

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Bodley Head, 2011 - Tax evasion - 329 pages
"Dirty money, tax havens and the offshore system describe the ugliest and most secretive chapter in the history of global economic affairs. Tax havens have declared war on honest, law-abiding people around the world. Wealthy individuals hold over ten trillion dollars offshore. Tax havens are the most important single reason why poor people and poor countries stay poor. Britain and the United States are the world's two most important tax havens. Tax havens now lie at the very heart of the global economy. Over half of world trade, and most international lending, is processed through them. Tax havens have been instrumental in nearly every major economic event, in every big financial scandal, and in every financial crisis since the 1970s, including the latest global economic crisis. "Treasure Islands" show how this happens and reveal what the economics text books will not tell you."

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User Review  - SashaM - LibraryThing

This gets 5 stars for the content - This is a topic which many more people should be aware. and This book should be a must read for any person interested in economics, business and globalisation. The presentation in this book can sometimes be a little dry and occasionally repetitive. Read full review

LibraryThing Review

User Review  - NDJames - LibraryThing

This is no rant about a few greedy people sticking their money in the Caymans to get around the IRS, but a full-blown expose of the most insidious and least understood sector of global finance on the ... Read full review

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About the author (2011)

NICHOLAS SHAXSON is the author of Poisoned Wells," "the Dirty Politics of African Oil," " an Associate Fellow of the Royal Institute of International Affairs (Chatham House) and an experienced journalist writing regularly for" The Financial Times "and "The Economist.

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