×

Uh-oh, it looks like your Internet Explorer is out of date.

For a better shopping experience, please upgrade now.

Hot Money and the Politics of Debt / Edition 2
     

Hot Money and the Politics of Debt / Edition 2

by R.T. Naylor, R. T. Naylor
 

ISBN-10: 0773527435

ISBN-13: 9780773527430

Pub. Date: 08/17/2004

Publisher: Mcgill-Queens University Press


A ball of hot money rolls around the world. It seeks anonymity and political refuge. It dodges taxes and sidesteps currency controls. It rolls through offshore shell companies and secret bank accounts, phoney charities and fraudulent religious foundations. It is kept rolling by white-collar criminals, gun-runners, drug dealers, insurgent groups, scam artists, tax

Overview


A ball of hot money rolls around the world. It seeks anonymity and political refuge. It dodges taxes and sidesteps currency controls. It rolls through offshore shell companies and secret bank accounts, phoney charities and fraudulent religious foundations. It is kept rolling by white-collar criminals, gun-runners, drug dealers, insurgent groups, scam artists, tax evaders, gold and gem smugglers, and, not least, secret service agents plotting coups and financing revolutions. R.T. Naylor explains the origins of this pool of hot and homeless money, its origins, its uses and abuses, how the world of high finance, corporate and governmental, became hostage to it, and the price the world is paying and will continue to pay until the hostages are released. This book was one of the first, and remains the most comprehensive, to dissect the world of offshore finance, capital flight, money laundering, and tax evasion. Once a subject of concern principally to tax authorities and finance ministries, since the September 11, 2001 hot and homeless money has now become a central preoccupation for police forces and intelligence services around the world.

Product Details

ISBN-13:
9780773527430
Publisher:
Mcgill-Queens University Press
Publication date:
08/17/2004
Pages:
480
Product dimensions:
6.00(w) x 9.02(h) x 1.47(d)

Table of Contents

Acknowledgments to the First Editionvii
Introductionix
Prologue11
Part 1The World According to Meyer Lansky
1Capital Flight in the Jet Age19
2Eurodollars and Nonsense31
3Red Ink and Black Gold47
4Sheikhs in Sombreros?60
Part 2Parables of Peculiar Talents
5Putting the Money Changers Back in the Temple77
6Of Dope, Debt, and Dictatorship92
7Playing Russian Roulette with the Polish Debt106
8Paradise Lost?118
9What Went Down with the Belgrano?134
10Born-Again Banking150
Part 3High Finance in Cocaine Country
11On Coca-Collateral and the Andean Debt165
12Country of Convenience186
Part 4What Gets Washed in the Pacific Basin?
13Some Like It Hot199
14Birds of a Feather ...216
Part 5What Flies into the Cuckoo's Nest?
15Swiss Contributions to Economic Development231
16Good neighbor Switzerland250
Part 6The Grim Reaper
17Economics for the Moral Majority273
18Buddy, Can You Spare a Billion?285
19What's Better in the Bahamas?298
20Ghost Companies and Haunted Banks310
Part 7Strange Harvest
21Capital Punishment327
22Taking Stock347
23Flight of Fancy368
Postscript: The Permanent Bull Economy381
Afterword: On Whom the Toll Tells402
Final Acknowledgments444
Notes446
Bibliography and Sources516
Index521

Customer Reviews

Average Review:

Post to your social network

     

Most Helpful Customer Reviews

See all customer reviews