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Tax Havens and the Commercialization of State Sovereignty

Published online by Cambridge University Press:  09 July 2003

Ronen Palan
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Abstract

I seek to explain the causes for the apparent commercialization of state sovereignty, and in particular the reasons for its association with tax havens. I argue that the conditions that gave rise to the commercial use of sovereignty as perfected by tax havens have little to do with surges in taxation and regulation in the postwar era. Instead, these conditions can be traced to jurists' and policymakers' attempts to resolve an inherent contradiction between insulated state law and the rapidly integrating world market.

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International Organization , Volume 56 , Issue 1 , Winter 2002 , pp. 151 - 176
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Copyright © The IO Foundation 2002

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