Islands in the Net: Requiring Technological and Financial Circuits in the "Offshore" Caribbean

The interaction between telecommunications, technology, & international politics is explored to explain an unintended consequence of the laying of cables in the Caribbean, the creation of the offshore financial services industry. In giving the Caribbean advances in communications technology, Cab...

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Bibliographic Details
Published inComparative studies in society and history Vol. 43; no. 3; pp. 467 - 501
Main Author Maurer, Bill
Format Journal Article
LanguageEnglish
Published 01.07.2001
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Summary:The interaction between telecommunications, technology, & international politics is explored to explain an unintended consequence of the laying of cables in the Caribbean, the creation of the offshore financial services industry. In giving the Caribbean advances in communications technology, Cable & Wireless made the Caribbean a leader for the transfer & translation of financial information. The "tax haven" economies underwrite the state budgets of several Caribbean countries, such as Bermuda & the British Virgin Islands. The author offers three sets of material, from three different historical conjunctures, to give the history of technology & finance in the Caribbean. 8 Figures, 81 References. L. A. Hoffman
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ISSN:0010-4175