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The Hidden Wealth of Nations: The Scourge of Tax Havens by Gabriel Zucman (Paperback, 2016)

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The Hidden Wealth of Nations 'The Scourge of Tax Havens' Gabriel Zucman.

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We are well aware of the rise of the 1% as the rapid growth of economic inequality has put the majority of the world's wealth in the pockets of fewer and fewer. One much-discussed solution to this imbalance is to significantly increase the rate at which we tax the wealthy. But with an enormous amount of the world's wealth hidden in tax havens-in countries like Switzerland, Luxembourg, and the Cayman Islands-this wealth cannot be fully accounted for and taxed fairly. No one, from economists to bankers to politicians, has been able to quantify exactly how much of the world's assets are currently hidden-until now. Gabriel Zucman is the first economist to offer reliable insight into the actual extent of the world's money held in tax havens. And it's staggering. In The Hidden Wealth of Nations, Zucman offers an inventive and sophisticated approach to quantifying how big the problem is, how tax havens work and are organized, and how we can begin to approach a solution. His research reveals that tax havens are a quickly growing danger to the world economy. In the past five years, the amount of wealth in tax havens has increased over 25%-there has never been as much money held offshore as there is today. This hidden wealth accounts for at least $7.6 trillion, equivalent to 8% of the global financial assets of households. Fighting the notion that any attempts to vanquish tax havens are futile, since some countries will always offer more advantageous tax rates than others, as well the counter-argument that since the financial crisis tax havens have disappeared, Zucman shows how both sides are actually very wrong. In The Hidden Wealth of Nations he offers an ambitious agenda for reform, focused on ways in which countries can change the incentives of tax havens. Only by first understanding the enormity of the secret wealth can we begin to estimate the kind of actions that would force tax havens to give up their practices. Zucman's work has quickly become the gold standard for quantifying the amount of the world's assets held in havens. In this concise book, he lays out in approachable language how the international banking system works and the dangerous extent to which the large-scale evasion of taxes is undermining the global market as a whole. If we are to find a way to solve the problem of increasing inequality, The Hidden Wealth of Nations is essential reading.

Product Identifiers

Publisher
The University of Chicago Press
ISBN-13
9780226422640
eBay Product ID (ePID)
222271069

Product Key Features

Subject Area
Tax Law
Author
Gabriel Zucman
Publication Name
The Hidden Wealth of Nations: the Scourge of Tax Havens
Format
Paperback
Language
English
Subject
Economics
Publication Year
2016
Type
Textbook
Number of Pages
200 Pages

Dimensions

Item Height
228mm
Item Width
153mm
Item Weight
252g

Additional Product Features

Title_Author
Gabriel Zucman
Country/Region of Manufacture
United States

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item 1 The Hidden Wealth of Nations 'The Scourge of Tax Havens' Gabriel Zucman
AU $16.00
+AU $10.90 postage
item 2 Gabriel Zucman The Hidden Wealth of Nations (Paperback)
AU $38.63
Free postage
item 3 NEW BOOK The Hidden Wealth of Nations - The Scourge of Tax Havens by Gabriel Zuc
AU $30.66
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item 4 Gabriel Zucman The Hidden Wealth of Nations (Paperback) (US IMPORT)
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The Hidden Wealth of Nations: The Scourge of Tax Havens by Gabriel Zucman (Paperback, 2016)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

All listings for this product

item 1 The Hidden Wealth of Nations 'The Scourge of Tax Havens' Gabriel Zucman

item 2 Gabriel Zucman The Hidden Wealth of Nations (Paperback)

item 3 NEW BOOK The Hidden Wealth of Nations - The Scourge of Tax Havens by Gabriel Zuc

item 4 Gabriel Zucman The Hidden Wealth of Nations (Paperback) (US IMPORT)

Best Selling in Adult Learning & University

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The Weed Forager's Handbook: A Guide to Edible and Medicinal Weeds in Australia by Adam Grubb, Annie Raser-Rowland (2012, Paperback)

Polyvagal Exercises for Safety and Connection: 50 Client-Centered Practices by Deb Dana (Paperback, 2020)

Save on Adult Learning & University

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Netter Atlas of Human Anatomy: Classic Regional Approach

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