Nor can they abandon tariffs when these are easily the most effective mechanisms, and the cheapest, for ensuring that tax is collected on the limited range of exported goods they have to offer that are vital to their state income. And they also need tariff barriers to protect fledgling enterprises. If these impede the flow of capital to offshore centres, so be it. That is a price well worth paying. Put simply, development comes before the ideology of free movement of capital that secrecy jurisdictions espouse on every occasion.
Countries, economies, that are not developing through a shortage of capital should make sure that no one sends in any capital to aid them in developing.
Well, yes, that\’ll sort it all out, won\’t it?