6min chapter

Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas cover image

237 | Brooke Harrington on Offshore Wealth as a Complex System

Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas

CHAPTER

The Benefits of Offshore Wealth Management in Small Countries

Small countries like Mauritius and the Cook Islands have intentionally chosen to make themselves into favorable locations for this offshore wealth management. It's the easiest way to pump up a struggling economy because it requires almost zero infrastructure investment. The story of how countries become offshore financial centers or even how American states become offshore centers is one of places that are economically fragile.

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