Frokostseminar: Shadow Finance - Democratic Capitalism at Risk?

Foto: Steve Webel (CC BY-NC-ND 2.0)/Flickr.jpg

Disguised corporations, fake foundations, trade misinvoicing, holes in financial regulation, secrecy jurisdictions - what effect does the shadow financial system have on democracy?

Arr: Tax Justice Network Norge, Kirkens Nødhjelp, Transparency Norge, Fellesrådet for Afrika og PWYP Norge.

Sted: 30. november, kl. 08:30-09:45

Sted: MESH, Tordenskioldsgt. 3


Raymond Baker, director and founder of US think tank Global Financial Integrity, has spent many years in close vincity to US decision making processes regarding financial secrecy, and advised African governments on curbing illicit financial outflows.

At this breakfast seminar, Baker reflects over the implications of financial secrecy on maintaining and fostering liberal democracies. Is democratic capitalism under threat in the 21st century?

Light breakfast is served from 08:00, and Baker's presentation will be followed by comments from State secretary at the Ministry of foreign affairs Jens Frølich Holte (H) and Marianne Marthinsen, member of parliament (Ap) and currently writing a book on capital flight. This will be followed by an opening of the floor.

Moderator is Kjetil Abildsnes, Senior Adviser, Economic Justice, Norwegian Church Aid.

Raymond Baker, President and founder of US think tank Global Financial Integrity, has spent many years in close vincity to US, UK, EU and Canadian decision making processes regarding financial secrecy, and advised African presidents and finance ministers on curbing illicit financial outflows.

Financial Times cited his book Capitalism’s Achilles Heel: Dirty Money and How to Renew the Free-Market System as one of the "best business books of 2005", and he is known for his communicative abilities, earning him appearances at ranging from CBS, CNN and ABC News to BBC, Bloomberg TV and Al Jazeera.

This is a rare opportunity to experience Baker give a public speech in Norway.

Light breakfast is served from 08:00, and Baker's presentation will be followed by comments from Marianne Marthinsen, MP for the Norwegian Labour party and currently writing a book on capital flight. This will be followed by an opening of the floor.

Moderator is Kjetil Abildsnes, Senior Adviser, Economic Justice, Norwegian Church Aid.

 

The event is free and open to all.