Perfect headline to cap the year.
Prediction for 2023 (and all futures years): Pensions will remain the elephant in the macrofinance room.
My book 'Offshore Finance and State Power' will be out on Jan 9, 2023 with Oxford University Press.
It's the end point of an incredibly interesting academic & personal journey. Along its way I learned a lot. I hope you'll find some of it insightful too.
I'll share more about the book's content once it is actually there in the physical world. For now I just go and celebrate. What a ride. 🎉
Offshore financial centers such as Luxembourg, the Cayman Islands or the City of London provide non-residents with a legal framework that is strong on property rights and soft on taxation and regulation. Building on a historical-institutionalist comparison of Britain, Germany, Brazil, and Mexico, Offshore Finance and State Power asks how these offshore financial services affect the power of the state.
Good morning tooters, here's the most teachable quote about global finance and national financial regulation ever. Says JPMorgan Asset Management's chief executive for Europe:
"Adding complexity to fit a local narrative might not be the best outcome for customers."
https://www.ft.com/content/f8580286-82e0-403e-9828-d5c063728d1f