+612 9045 4394
Hot Money and the Politics of Debt - R. T. Naylor

Hot Money and the Politics of Debt

By: R. T. Naylor, Michael Hudson (Introduction by)

Sorry, the book that you are looking for is not available right now.

We did a search for other books with a similar title, however there were no matches. You can try selecting from a similar category, click on the author's name, or use the search box above to find your book.

Share This Book:

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.

"Naylor's book is a damning indictment of the way the world is run." The Toronto Sun "Naylor outlines in convincing ... detail the controversial mechanisms by which international financial relations are conducted." MacLean's Magazine "Naylor's presentation is disturbing reading. For that reason alone it merits the attention of anyone concerned about the current international monetary mess, its potential for destruction - and its heart-rending impact on millions of defenceless people." Telegraph Journal "[An] extraordinary book." Irish News "Naylor spells out a bewildering array of concealment techniques that enabled ex-Philippines president Ferdinand Marcos and deposed Haitian dictator Jean-Claude (Baby Doc) Duvalier to spirit large sums of money out of their countries. And for every hot money haven that comes under pressure, perhaps a dozen more open up." The Toronto Star

Acknowledgments to the First Editionp. vii
Introductionp. ix
Prologuep. 11
The World According to Meyer Lansky
Capital Flight in the Jet Agep. 19
Eurodollars and Nonsensep. 31
Red Ink and Black Goldp. 47
Sheikhs in Sombreros?p. 60
Parables of Peculiar Talents
Putting the Money Changers Back in the Templep. 77
Of Dope, Debt, and Dictatorshipp. 92
Playing Russian Roulette with the Polish Debtp. 106
Paradise Lost?p. 118
What Went Down with the Belgrano?p. 134
Born-Again Bankingp. 150
High Finance in Cocaine Country
On Coca-Collateral and the Andean Debtp. 165
Country of Conveniencep. 186
What Gets Washed in the Pacific Basin?
Some Like It Hotp. 199
Birds of a Feather ...p. 216
What Flies into the Cuckoo's Nest?
Swiss Contributions to Economic Developmentp. 231
Good neighbor Switzerlandp. 250
The Grim Reaper
Economics for the Moral Majorityp. 273
Buddy, Can You Spare a Billion?p. 285
What's Better in the Bahamas?p. 298
Ghost Companies and Haunted Banksp. 310
Strange Harvest
Capital Punishmentp. 327
Taking Stockp. 347
Flight of Fancyp. 368
Postscript: The Permanent Bull Economyp. 381
Afterword: On Whom the Toll Tellsp. 402
Final Acknowledgmentsp. 444
Notesp. 446
Bibliography and Sourcesp. 516
Indexp. 521
Table of Contents provided by Rittenhouse. All Rights Reserved.

ISBN: 9780773527430
ISBN-10: 0773527435
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 480
Published: 17th August 2004
Country of Publication: CA
Dimensions (cm): 22.9 x 15.2  x 3.9
Weight (kg): 0.69
Edition Number: 2