The geography of financial secrecy

dc.contributor.advisorLagendijk, A.
dc.contributor.advisorVelde, B.M.R. van der
dc.contributor.authorLoon, Piet van
dc.date.issued2018-05-25
dc.description.abstractThis thesis aims to reveal what factors influence the financial secrecy of a jurisdiction. The Financial Secrecy Index 2018 compiled by Tax Justice Network showed that financial secrecy goes much further than the kind of confidentiality that ensures customer’s privacy. Many jurisdictions in the world offer secrecy provisions that allow assets to remain undetected by tax authorities. Financial secrecy is part of an institutional framework that enables countries to become specialized and competitive in offshore finance. But it is unlikely that secrecy provisions have the same effect in all countries because their effectiveness is dependent upon factors that differ across different countries. Second, the desire for a large exporting financial services sector is also unlikely to be the same in all countries and is therefore also dependent upon factors that differ by country. It is these factors that are of interest in this research. To this end a series of potential factors was derived from the literature on tax havens. It was found that sparsely populated jurisdictions tend to score higher on financial secrecy. Second, economic openness has a strong influence on the method used for avoiding double taxation. Third, jurisdictions with common law systems tend to be more secretive.en_US
dc.identifier.urihttps://theses.ubn.ru.nl/handle/123456789/6295
dc.language.isoenen_US
dc.thesis.facultyFaculteit der Managementwetenschappenen_US
dc.thesis.specialisationEconomic Geographyen_US
dc.thesis.studyprogrammeMaster Human Geographyen_US
dc.thesis.typeMasteren_US
dc.titleThe geography of financial secrecyen_US
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
Master_thesis_Piet_van_Loon.pdf
Size:
2.75 MB
Format:
Adobe Portable Document Format