ESIL Interest Group History of International Law

ESIL Interest Group History of International Law

dinsdag 25 augustus 2020

ADVANCE ARTICLE: Vanessa OGLE, ‘Funk Money’: The End of Empires, The Expansion of Tax Havens, and Decolonization as an Economic and Financial Event', Past & Present, 2020 (OPEN ACCESS)


(image: Geneva; source: Wikimedia Commons)


This article traces the emergence of an archipelago-like landscape of distinct legal and economic spaces throughout the long midcentury. Consisting of tax havens, offshore financial markets, flags of convenience, and economic free zones, this archipelago allowed free-market capitalism to flourish on the sidelines of a world increasingly dominated by more sizable and interventionist nation-states. It argues that certain characteristics of the rise of free-market capitalism since the 1970s and 1980s were previously practiced in the offshore archipelago, only to move back to Europe and North America with the rise of neoliberalism.

Read more with OUP (DOI 10.1093/pastj/gtaa001).