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...They averaged 3.3 per cent annual per capita real GDP growth from 1982-1999, whereas the world averaged just 1.4 per cent annual growth over the same period, according to research by Jim Hines of the University...
...James Hines of the University of Michigan says tax havens “play the important role of pressure valves”, allowing big countries to impose higher taxes on domestic businesses without deterring international...
...Prof Hines said his arguments were the “prevailing orthodoxy” among US economists....
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