The Offshore World

In this account of the offshore economy, Ronen Palan investigates the legal spaces, unregulated and yet maintained and supported by the state system, that have emerged for purposes of international finance, tax havens, export processing zones, flags of convenience, and e-commerce.
Palan believes that a rapidly expanding offshore economy is now producing a new market in sovereignty; states have discovered that their authority to create law may be used as a commercial asset. This commercialization of sovereignty, he asserts, undermines the legitimacy of the nation-state and supports a form of nomadic capitalism.

Ronen Palan is Senior Lecturer in International Relations and Politics at the University of Sussex.

List of Tables and Figures	p. ix
Acknowledgments	p. xi
Introduction	p. 1
The Offshore Economy in Its Contemporary Settings	p. 17
State, Capital, and the Production of Offshore	p. 63
The Emergence of Embryonic Forms of Offshore	p. 83
The Growth of an Offshore Economy	p. 111
Offshore and the Internationalization of the State	p. 130
Offshore and the Demise of the Nation-State	p. 147
Numerical Organizations, Nomadic Spaces, and Modern Capitalism	p. 162
Conclusion	p. 181
Notes	p. 193
References	p. 203
Index	p. 221
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