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This article explores the decolonization of assets and the growth of tax havens in the mid-20th century. It examines the movement of funds from various countries to tax havens, such as South Africa, Australia, Hong Kong, Bahamas, and Switzerland. The article also considers the role of offshore financial centers and flags of convenience registries in this process.
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“Funk Money:” Decolonization and the Expansion of Tax Havens, 1950s-1960s
“Archipelago Capitalism: Tax Havens, Offshore Money, and the State, 1940s-1970s,” American Historical Review 122, no. 5 (2017), forthcoming, Dec. 2017.
The Offshore World, 1920s-1980s • Tax havens • “Offshore Financial Centers”/”Euromarkets” • Flags of Convenience Registries • Foreign Trade Zones/Export Processing Zones
“Funk Money:” The Decolonization of Assets and the Expansion of Tax Havens 1948: UK to South Africa, Australia 1948: Shanghai to Hong Kong 1948: Shanghai to Bahamas? 1950s: Indochina to North Africa, Tangier 1956: Morocco to Switzerland 1956: Tangier to Switzerland 1956: North Africa, Tangier to Monaco 1956: Egypt to Switzerland (Suez Crisis) 1956-1958: Lebanon to Switzerland 1959: Cuba to Bahamas 1960: Belgian Congo to Switzerland, Monaco 1960s: South Africa to Bahamas? 1947/1948 India/Pakistan? Latin America?