RT @bibliotax: 📄 For our first post, we want to highlight the @abinder1 publication "All exclusive: the politics of offshore finance in Mex…
📄 For our first post, we want to highlight the @abinder1 publication "All exclusive: the politics of offshore finance in Mexico" (Open access) ⚡️ Summary: In theory, Mexico should be an importat user of offshore finance. However it is not! (1/8) https:/
But how offshore finance affects the individual state depends on domestic tax & banking institutions. It can vary widely across time and space, e.g. Mexico’s engagement with the offshore world. More: https://t.co/RzNUcJ91cY https://t.co/e6RSoXJE5I
2/Offshore money creation in the #Eurodollar markets is more consequential for state power than tax planning. The nature of the effect varies across countries. It depends on historically grown elite bargain over how to finance the state. See e.g. 🇲🇽 https: