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Here we present a novel analysis of the development of offshore banking since 1980, which addresses important but still - unanswered questions about the both the role of offshore centers in the global financial crisis, and the post-crisis stability of these centers. We show that post-1980...
Persistent link: https://www.econbiz.de/10012908382
Economic geographers have long defined themselves in opposition to the abstract theoretical universe of economics, rather emphasizing the specificity of economic activities in the “real world.” To a large extent, this emphasis also characterizes the subfield of financial geography, which has...
Persistent link: https://www.econbiz.de/10013249513
While FDI is generally assumed to represent long-term investments within the “real” economy, approximately 30-50% of global FDI is accounted for by networks of offshore shell companies created by corporations and wealthy individuals for tax and other purposes. To date, there has been limited...
Persistent link: https://www.econbiz.de/10013062393
Questions have been raised regarding the role of low-tax offshore jurisdictions in the global financial crisis, based largely on evidence that many problematic asset-backed securities were issued from or listed in the Cayman Islands, Jersey, Ireland, and other ‘offshore' sites. However, there...
Persistent link: https://www.econbiz.de/10012967408
Offshore outsourcing of work to support software development and services is seen primarily as a transfer of labor to … relationships of IP residing in software to the business models used for outsourcing. The use of a quantitative model for software …
Persistent link: https://www.econbiz.de/10014052363
The concept of offshoring of professional services first gained attention slightly over 25 years ago. At that time, US … labor aspects of offshoring and its direct impact on employment opportunities in the countries involved. This paper broadens … this perspective by emphasizing that the key drivers for offshoring will be strategic, not economic, over time. A formal …
Persistent link: https://www.econbiz.de/10014026689
hard look at cost numbers before embarking on outsourcing. Apart from the cost of labor, equipment, and incidentals, are … needed to address the above types of questions, as well as other outsourcing related questions, such as: * What is the United … States doing to encourage/discourage outsourcing? Are these actions legal under current international trading rules? * Is the …
Persistent link: https://www.econbiz.de/10014046931
convinced that cost considerations should reign as the predominant decision-making factor; others argue that outsourcing means … permanent job loss; and still others believe outsourcing makes U.S. goods and services more competitive in the global … marketplace. We assert that if outsourcing options need to be analyzed in detail with critical objectivity in order to derive …
Persistent link: https://www.econbiz.de/10014073881