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In this paper, I will describe the historical origins of tax havens in what Ogle terms archipelago capitalism. I then explain how they continue to contribute to the plunder of the global south and what implications this has for resources deprivation today.
Vanessa Ogle has demonstrated that tax havens originated as a location for fleeing colonialists to stash their funds as their colonial power diminished. This practice has continued in the present with multinationals now extracting circa $200 billion per year from the global south. I will describe these phenomena and talk about their development implications within a faith perspective.
I'm an academic theologian but for the last 18 months have been working as a practitioner for Church Action for Tax Justice, a campaigning organisation.