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Books

The Finance Curse

By Nicholas Shaxson

The Finance Curse, which was written by Nicholas Shaxson, was absolutely mind-blowing. This book explains how different places have set up their whole tax system to be more appealing to companies who set up their headquarters in these countries. Although Shaxson focuses mainly on the case of London and tax havens such as Luxembourg, the book is nonetheless a must-read. Personally, I did not find the book too hard to understand even though I had no previous knowledge in the finance field when I started reading the book. In “The Finance Curse,” Shaxson explains how money flows from the customer to tax havens and how small companies may actually be owned by huge companies based in tax havens.  

By Lilly

Hi everyone! My name is Lilly and I am a high school student based in Germany, where I am currently enrolled in the IB diploma programme. Aside from founding EconIR WEB, I am also the President of JEC Berlin. Being a student who has a deep interest and passion for economics and international relations myself, I know how challenging it can be to find ways to engage with your areas of interest. Therefore, I created EconIR WEB. I hope that through EconIR WEB we will be able to build a strong community of students who share the same passion. Cant wait for you to join!