Description
This article contributes to the ongoing discussions surrounding the decolonization of International Political Economy (IPE). It addresses an essential aspect of Eurocentrism within IPE—namely, the marginalization of colonialism in IPE discussions. This article reveals the colonial origins of the Global Political Economy by using non-sovereign tax havens as case studies. It demonstrates how colonial relationships underpin their significance in shaping essential aspects of the global political economy, including worldwide tax evasion, unregulated financial flows, and trends within the global manufacturing landscape. The policy implications of these findings underscore the persistent role of colonial territories as structural loopholes within the international tax framework. Notably, one-third of global tax evasion operations originate from these non-sovereign territories. By centering our analysis on non-sovereign tax havens, we uncover the potential for a reconceptualization—one that offers fresh insights into the foundational mechanisms of globalization deeply rooted in colonial dynamics.
