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The Offshore World

Sovereign Markets, Virtual Places, and Nomad Millionaires

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Pages
240 pages
Reading time
9 hours

More about the book

The book explores the evolution of the offshore economy, tracing its origins from the late 19th century through its expansion post-World War I and its significant growth in the 1970s. The author argues that this burgeoning offshore market has led to the commercialization of sovereignty, where states leverage their legal rights as commercial assets. This shift challenges the legitimacy of traditional nation-states and fosters a new form of nomadic capitalism, reshaping the landscape of global economics and governance.

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The Offshore World, Ronen Palan

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Released
2003
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(Hardcover)
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