Comment: I am trying to get my brain around this! Honestly, one word comes to mind: slavery. In the era of the plantation, the benefits of goods and services were shuttled to absentee owners living outlandishly in Europe. The West Indies were literally raped for centuries under the disguise of colonial law. In the 18 Century, some inalienable rights were granted to the inhabitants of the BWI.
The age of independence then ushered in its own form of slavery through foreign investment, an alleged necessity for the region's survival. It's the norm for foreigners to live in the West Indies, make money in the West Indies and like in the earlier times of slavery, shuttle the money elsewhere. Like in the days of the plantation, this was not a problem.
In recent times, in the age of offshore banking with the movement of money reversed but, legally so, terms like "uncooperative tax haven", and "blacklisting" have come of age.
In this climate of terror and fear, a guise in many instances, many will devise clever ways to ensure that the flow of money is in their direction. Being the tentacles of a furious beast, organizations like the WTO and the OECD, setup initially to administer the Marshall plan to rebuild Europe after WW11, are imposing their will on sovereign governments. Playing with the beast by giving in a little at a time means it's only a matter of time that the annual budgets of these so called "tax havens" will be put together overseas. Put differently, if the likes of the OECD were genuine, the inclusion of developing countries would have been transparent.
Be reminded, pooling resources is a sure stance against the beast. Never underestimate the power of the “little people” in developing countries. Sometimes a change in lifestyle is all it takes.
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