000			02913nam a22003497a 4500
001			18999782
003			OSt
005			20201201034928.0
008			190319b xxu||||| |||| 00| 0 eng d
010			_a 2016010534
020			_a9780674743809 (hbk.) _q(alk. paper)
040			_aMH/DLC _beng _cMH _erda _dDLC
042			_apcc
082	0	0	_a332.6 _223
100	1		_aHarrington, Brooke, _d1968- _eauthor. _91005836
245	1	0	_aCapital without borders : _bwealth managers and the one percent / _cBrooke Harrington.
264		1	_aCambridge, Massachusetts : _bHarvard University Press, _c2016.
300			_a381 p. ; _c22 cm
336			_atext _2rdacontent
337			_aunmediated _2rdamedia
338			_avolume _2rdacarrier
504			_aIncludes bibliographical references and index.
520			_aCapital without Borders will offer the first in-depth, cross-national examination of the wealth management profession: an extremely powerful professional group about which little is known, except that it controls large flows of capital around the world and has a significant impact on growing wealth inequality. With Oxfam estimating that 1 percent of the global population will own more than half the world's assets by 2016, and policymakers voicing increasingly urgent concerns about the political impact of inequality, this book offers a timely look at the evolution and activities of this central group of players. To understand the workings of their profession, and its complex legal and financial innovations, the author spent two years training to become a wealth manager herself. This experience gave her unique access to practitioners and their methods, and the opportunity to conduct over 60 interviews with wealth managers in 17 countries, from Switzerland to the British Virgin Islands, and from Singapore to South Africa. The findings shed light on the dynamics of growing world wealth inequality, and how they are fueled by political and economic forces. The research will inform ongoing debates about globalization and financialization, in part by making abstract issues concrete and easy to understand for a general readership. Capital without Borders explains the use of offshore banks, shell corporations, and trusts to hide billions in private wealth not only from taxation, but from all manner of legal obligations--including to creditors and family members. Such insights will be of interest not only to scholars and policy-makers, but to anyone interested in the world of wealth and high finance.-- _cProvided by publisher
650		0	_aFinancial planners.
650		0	_aGlobalization _xEconomic aspects.
650		0	_aWealth.
650		0	_aWealth _xMoral and ethical aspects.
650		0	_aIncome distribution.
650		0	_aInternational finance.
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2ddc _cM
999			_c214327 _d214327