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Global Wealth Chains - Asset Strategies in the World Economy (Hardcover)
Loot Price: R2,604
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Global Wealth Chains - Asset Strategies in the World Economy (Hardcover)
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The world economy operates around the production of value and the
creation and protection of wealth. Firms and other actors use
global value chains to make the most for the least cost, ideally
also contributing to economic development. Firms and professionals
use global wealth chains to create and protect wealth,
strategically planning across multiple legal jurisdictions to
control how assets are governed. The outcome of such planning often
contributes to global inequality. While we know a great deal about
value chains, we know much less about wealth chains. This volume
explores how global wealth chains are articulated, issues of
regulatory liability, and how social relationships between clients
and service providers are important for governance issues. It
explores how assets are governed across a range of sectors such as
public utilities, food and alcohol, art, and pharmaceuticals, as
well as in legal instruments like advance pricing agreements, tax
treaties, regulatory standards, intellectual property, family
trusts, and legal opinion. The book integrates insights from a
range of disciplines including International Political Economy,
Economic Geography, Sociology, Accounting, Management Studies,
Anthropology, and Law to reveal how global wealth chains are used
to govern assets in the world economy.
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