The Cayman conundrum: why is one tiny archipelago the largest financial centre in Latin America and the Caribbean?

A new blog by the CORPNET group has been published by the LSE¬†Latin America and Caribbean Centre. The blog, “The Cayman conundrum: why is one tiny archipelago the largest financial centre in Latin America and the Caribbean?”, is written by Jan Fichtner and can be found here.

Abstract
Analysing¬†how millions of multinational corporations structure their global ownerships chains reveals that Cayman acts as a ‘sink’ offshore financial centre where foreign capital accumulates and data trails often end, writes Jan Fichtner (University of Amersterdam).