This chapter concludes that the MDSJ concept reflects a coherent category of jurisdictions not comfortably accommodated by extant theoretical frameworks, and that the suite of features associated with MDSJs in fact contributed to their rise to global dominance. The chapter also engages with normative debates about the role of small jurisdictions in cross-border finance, arguing that we should not remain content with inadequate conceptual categories that lack sufficient nuance and facilitate one-sided critiques. Charged labels such as “tax haven” and “offshore financial center” tend to obscure both the value provided by such jurisdictions and the degree to which major economic powers engage in the very practices for which they criticize their smaller competitors. Greater transparency regarding tax information and beneficial ownership of legal entities may well be achieved and represent good policy, but such reforms should be applied even-handedly to small and large jurisdictions alike.
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