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Most importantly, these crises led to the establishment of the Financial Stability Forum (since 2009 the Financial Stability Board), which investigated the problems of offshore, capital flows, and hedge funds; and the G20, which attempted to broaden the international regime's membership and thus deepen its legitimacy.
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Of course, the offshore jurisdictional dimension of capital flows is only part of the story.
TJN used data from the World Bank, IMF, central banks and governments, and supplemented these with models of money flows and offshore private banking to produce what they say is "among the most rigorous and comprehensive" estimates of unrecorded capital flows and accumulated offshore wealth.
And capital flows have reversed.
Should capital flows be curbed?
Capital flows between rich economies were restricted.
What are these capital flows?
And the same goes for capital flows.
Hong Kong is a growing force in offshore capital markets and company formation.
Global trade and capital flows are essential to prosperity.
Free trade and free international capital flows go together.
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