How CBI-Specific Investment Assets Can Create a Moral Hazard Situation
To reduce the room for government officials to trade favors, let CBI-applicants invest in open markets, write Petrov, Shoylev, and Bekyarova.
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Analysis
The Two Chief Vulnerabilities of Cyprus’ CIP: One Easily Fixed, The Other Intractable
Cyprus’ CIP may yet re-emerge in a more robust form. Steven M. Pepa highlights the two weaknesses the program should tackle first.
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The Many Parallels of CBI and Maritime Flags of Convenience
Tax-saving, transactional schemes lacking genuine links. Michael Krakat explores the oddly familiar-sounding business of ship registries.
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