Stručni rad
POSITION AND ROLE OF OFFSHORE FINANCIAL CENTRES IN FINANCIAL GLOBALIZATION
Domagoj Mihaljević
Sažetak
Global financial crisis led to a great scientific interest in studying the causes of financial collapse. Part of this analytical focus is directed towards offshore financial centers, small countries or jurisdictions that guarantee maximum secrecy and safety regarding the tax burden in terms of capital. This paper studies their role in the global financial system and analyzes the following characteristics of their business practices: the historical development, the specifics that equally attract legal and natural persons, the implications of their business. Paper also examines the regulatory framework and the impact of various international institutions that supervise offshore financial centers with an aim of adapting their business standards to the global financial standards. Finally, the analysis tries to point to a number of important questions that could be the starting point for future studies of offshore financial centers and their position in the financial world.
Ključne riječi
offshore financial center; offshore company; tax evasion; money laundering; International Monetary Fund
Hrčak ID:
94181
URI
Datum izdavanja:
21.12.2012.
Posjeta: 7.027 *