Hot Money and the Politics of Debt

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MQUP, Aug 17, 2004 - Business & Economics - 536 pages
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A ball of hot money rolls around the world. It seeks anonymity and political refuge. It dodges taxes and sidesteps currency controls. It rolls through offshore shell companies and secret bank accounts, phoney charities and fraudulent religious foundations. It is kept rolling by white-collar criminals, gun-runners, drug dealers, insurgent groups, scam artists, tax evaders, gold and gem smugglers, and, not least, secret service agents plotting coups and financing revolutions. R.T. Naylor explains the origins of this pool of hot and homeless money, its origins, its uses and abuses, how the world of high finance, corporate and governmental, became hostage to it, and the price the world is paying and will continue to pay until the hostages are released. This book was one of the first, and remains the most comprehensive, to dissect the world of offshore finance, capital flight, money laundering, and tax evasion. Once a subject of concern principally to tax authorities and finance ministries, since the September 11, 2001 hot and homeless money has now become a central preoccupation for police forces and intelligence services around the world.

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Hot Money and the Politics of Debt
Hot Money and the Politics of Debt. rt Naylor. Introduction by Michael Hudson. An updated diagnosis of the most intractable problem currently facing the ...
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EPIIC: Archives: 1999: Syllabus
Author, Hot Money and the Politics of Debt; Professor of Economics, mcgill University. Reading:. Hot Money and the Politics of Debt, rt Naylor. October 15 ...
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Standard Schaefer: The Wages of Terror, an Interview with rt Naylor
SS: In Hot Money and The Politics of Debt, you argue that "wars against corruption" in places like Latin America are used to distract from the fact that ...
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About the author (2004)

R.T. Naylor is professor, economics, McGill University, and the author of many books, including Economic Warfare: Sanctions, Embargo Busting, and Their Human Cost, and Bankers, Bagmen, and Bandits: Business and Politics in the Age of Greed.