Reveals how a vast network of unregulated financial centres, from Luxembourg to the Cayman islands to the Pacific haven of Nauru, has evolved into an enormous nether realm of drug and arms trading ungoverned by law. Delving into the scandals and financial structure of this hidden side of globalisation, sociologist Deneault depicts something larger and more ominous than simple tax havens where financial elites and corporations must reside to protect their earnings. Offshore describes a global base of operations of massive criminal enterprises.
About the book
Reveals how a vast network of unregulated financial centres, from Luxembourg to the Cayman islands to the Pacific haven of Nauru, has evolved into an enormous nether realm of drug and arms trading ungoverned by law. Delving into the scandals and financial structure of this hidden side of globalisation, sociologist Deneault depicts something larger and more ominous than simple tax havens where financial elites and corporations must reside to protect their earnings. Offshore describes a global base of operations of massive criminal enterprises.