The World This Week: Paradise Papers Reveal to be Rich is Glorious

November 12, 2017

Wealthy individuals, fund managers and corporations continue to avoid taxes by using offshore havens at a time of increasing inequality and declining public goods. This week, Russian President Vladimir Putin did not commemorate the hundredth anniversary of the 1917 Bolshevik Revolution. November...

Panama Papers Point to Shifting Regulatory Landscape for Banks

June 18, 2016

The scandal has prompted increased demands from regulators in the US and Mexico, and banks will have to adapt to changing operating conditions. The leak of about 11.5 million documents from Panama-based law firm Mossack Fonseca in April has resulted in various repercussions for those named in...

Why the Panama Papers Are a Feminist Issue

April 25, 2016

Those most impacted by the consequences of tax dodging are the world’s poorest, who are disproportionately women and girls. Asana Abugre has a small shop in Accra, Ghana, where she makes and sells batiks and tie-dyed textiles. Asana pays her taxes regularly. Women  like her, working in markets...

What the Panama Papers Have To Do With America

April 11, 2016

Panama is not alone in the world of financial secrecy. The problem of secret financial transactions affects lives in communities throughout America. The massive release of the Panama Papers has rocked the financial and political world. The leaked documents from Panama’s Mossack Fonseca law...

The World This Week: Taxes, the Rich and the Panama Papers

April 10, 2016

The Panama Papers reveal the shady shenanigans of elites who use offshore finance extensively and prize private gains over public interest. This week, the Panama Papers came into focus. More than 11.5 million financial and legal records were leaked to the International Consortium of...

Fallout of Panama Papers to Last Months

April 06, 2016

The political fallout of the Mossack Fonseca data leak will lead to broader challenges for businesses, with likely responses from regulators in the months ahead. In the biggest data leak in history, German newspaper Sueddeutsche Zeitung, along with the International Consortium of Investigative...

Indonesian Tycoons Find Tax Haven in Singapore

February 03, 2016

Indonesia must craft a long-term policy to clamp down on tax evasion. As the largest Southeast Asian country with abundant natural resources, Indonesia still encounters difficulties in strengthening its economic base. Even though it started to show signs of recovery following the reformation era...

Old Wine in New Bottles for Africa?

March 04, 2014

Unless real change occurs in Africa, poverty is here to stay. Most of the world’s poorest countries are located in sub-Saharan Africa. Since the region escaped from the shackles of colonialism, numerous development and reform programs have been implemented. However, all but few have failed...