Study Reveals Patterns of Elites Using Offshore Financial Systems
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10mo ago· 5 min readenNews
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Summary
A Dartmouth study reveals distinct patterns associated with offshore financial systems used by elites to conceal assets, influenced by the elite's country of origin and governance quality.
Key quotes
· 3 pulledUnderstanding the transnational offshore finance networks that they utilize has long been a challenge given the secrecy involved.
The quality of the governance in the home country of an elite is also tightly associated with the patterns.
The findings are published in a new Dartmouth study.
Billionaires, oligarchs, and other members of the uber rich, known as “elites,” are notorious for use of offshore financial systems to conceal their assets and mask their identities. Understanding the transnational offshore finance networks that they util
