Hide and Protect : A Role of Global Financial Secrecy in Shaping Domestic Institutions

This paper reviews the literature that explores the drivers and effects of financial secrecy on emerging economies. It shows that most of the research on financial secrecy has been focused on issues of tax avoidance, neglecting the problems of inst...

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Bibliographic Details
Main Authors: Sharafutdinova, Gulnaz, Lokshin, Michael
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/512681596468706087/Hide-and-Protect-A-Role-of-Global-Financial-Secrecy-in-Shaping-Domestic-Institutions
http://hdl.handle.net/10986/34280