Santillán-Salgado, Roberto J. - In: Journal of Global Economy 7 (2011) 2, pp. 87-99
The origins of the world-wide distributed Offshore Financial Centers are related to the surge of the Eurocurrency markets during the 1950s and 1960s. After a first stage of rapid expansion, many of those OFCs reached a consolidation stage and remained, even after most of the original drivers for...