Visible and Invisible: The World Financial-Corporate System from the Perspective of Extraterritoriality and the Legal-Illegal Binary Code

Authors

  • Lia Osorio Machado Universidade Federal do Rio de Janeiro

DOI:

https://doi.org/10.11606/issn.2179-0892.geousp.2017.136846

Keywords:

Extraterritoriality. Financial-corporative system. State and globalization. Territory and law. Jurisdiction and territory.

Abstract

This article considers the financial-corporate system as one of the paradigms of the globalization process and discusses some of the arguments for and against the idea that this process signals the end of the sovereign territorial state system. We argue that their problematic coexistence is best captured by the concept of extraterritoriality, as exemplified by the analysis of the various types of “jurisdictional-spatial fix” associated to the financial-corporative system. These arrangements are dependent both on jurisdiction and the principle of sovereignty, which suggests that there are more complex issues at stake, foremost the competition between legal orders, and behaviors that resists the distinction between legality and illegality. 

Downloads

Download data is not yet available.

Author Biography

  • Lia Osorio Machado, Universidade Federal do Rio de Janeiro

    Doutora em Geografia pela Universidad de Barcelona (1989). Professora e pesquisadora do Departamento de Geografia da Universidade Federal do Rio de Janeiro (1979-2010) e, atualmente, professora aposentada e colaboradora do Programa de Pós-Graduação em Geografia da Universidade Federal do Rio de Janeiro e pesquisadora 1-A do Conselho Nacional de Desenvolvimento Científico e Tecnológico.

References

AGAMBEN, G. The Signature of all things: On Method. Brooklyn, EUA: Zone Books, 2009.

AGAMBEN, G. State of Exception. Chicago: University Chicago Press, 2005.

ANDERSON, P. Imperium. New Left Review, n. 83, Londres, p. 5-111, set./out. 2013.

BAUMAN, Z. The world inhospitable to Levinas. Philosophy Today, v. 43, n. 2, p. 151-67, 1999.

BRYAN, D.; RAFFERTY, M.; WIGAN, D. Capital unchained: finance, intangible assets and the double life of capital in the offshore world. Review of International Political Economy, v. 24, n. 1, p. 56-86, 2017.

CAMERON, A. Where has all the (xeno)money gone? In: AMIR, M.; SELA, R. (Ed.). Extraterritorialities in occupied worlds. [s.l.]: Punctum Books, 2016. p. 117-155.

CASTELLS, M. The Information Age: Economy, Society and Culture. Malden: Blackwell, 1998[1996]. v. 3.

CUTLER, A. C. Artifice, ideology and paradox: the public/private distinction in international law. Review of International Political Economy, v. 4, n. 2, p. 261-285, 1997.

FALVEY, R.; LLOYD, P. J. An economic analysis of extraterritoriality. Melbourne Dept. Economics, Paper 675, p. 1-22, 1999.

FOUCAULT, M. Segurança, território, população. São Paulo: Martins Fontes, 2008.

FRANKE, A.; WEIZMAN, E.; WEIZMAN, I. Islands: The geography of extraterritoriality. Archis, Amsterdã, v. 6, p. 18-54, 2003.

GALLI, C. Political Spaces and Global War. Minneapolis, EUA: University of Minnesota Press, 2010.

GROVOGUI, S. N. Regimes of Sovereignty: International Morality and the African Condition. European Journal of International Relations, v. 8, n. 3, p. 315-338, 2002.

HART, K. The informalization of the world economy. In: CONFERENCE OF THE SOCIETA’ITALIANA DI ECONOMIA PUBBLICA, 24. – Informal economy, tax evasion and corruption, 24-25 set. 2012, Pavia. Anais… Pavia, 2012.

HENRY, J. S. The Price of Offshore Revisited. [s.l]: TJN, 2012.

HILDEBRANDT, M. Extraterritorial Jurisdiction to Enforce in Cyberspace? Bodin, Schmitt, Grotius in Cyberspace. In: AMIR, M.; SELA, R. Extraterritorialities in Occupied Worlds. [s.l.]: Punctum Books, 2016. p. 173-202.

HOUSE of Commons. Treasury Committee. Offshore Financial Centres. Written Evidence. London: House of Commons, 2008.

IMF. INTERNATIONAL MONETARY FUND. The Coordinated Direct Investment Survey (CDIS). Washington, DC: IMF, 2015a.

IMF. INTERNATIONAL MONETARY FUND. The Coordinated Direct Investment Survey Guide. Pre-Publication Draft. Washington, DC: IMF, 2015b.

IMF. INTERNATIONAL MONETARY FUND. Balance of Payments and International Investment Position Manuel (BPM6). 6th. ed. Washington, DC: IMF, 2009.

JOHNSON, D.; POST, D. Law and Borders-The rise of law in cyberspace. Stanford Law Review, v. 48, n. 5, p. 1367-1402, 1996.

KRATOCHWILL, F. Of Maps, Law and Politics: an inquiry into the changing meaning of territoriality. DIIS Working Paper 2011, p. 1-26, 2011.

LINDAHL, H. A-Legality: Post-nationalism and the question of legal boundaries. The Modern Law Review, v. 73, n. 1, p. 30-56, 2010.

LUQUE, C.; SILBER, S.; ZAGHA, R. Fim de três ilusões sobre o investimento externo direto. Valor Econômico, 20 fev. 2017. Opinião.

LOUGHLIN, M. A-Legality or Jus Politicum? A critical appraisal of Lindahl’s Fault Lines of Globalization. Ethics & Politics, v. XVI, n. 2, p. 965-972, 2014.

MACHADO, L. O. Ambiguidade entre o legal e o ilegal: redes de tráfico de drogas ilícitas e território. In: CHÁVEZ TORRES, M.; CHECA ARTASU, M. (Ed.). El Espacio en las Ciencias Sociales: Geografía, interdisciplinariedad y compromiso. Zamora, MX: El Colegio de Michoacán, 2013. p. 315-329. v. 1.

MACHADO, L. O. Ambiguidade entre o legal e o ilegal: redes de tráfico de drogas ilícitas e território. In: COLOQUIO DE ANTROPOLOGÍA E HISTORIA REGIONALES, 31., 2009, Zamora, MX. Anais... Zamora, MEX, out. 2009.

MACHADO, L. O. O comércio ilícito de drogas e a geografia da integração financeira: uma simbiose? In: CASTRO, I. E. et al. Brasil: questões atuais da reorganização do território. Rio de Janeiro: Bertrand Brasil, 1996. p. 15-64.

McINTYRE, R. S.; PHILLIPS, R.; BAXANDALL, P. Offshore Shell Games 2015: The use of Offshore Tax Havens by Fortune 500 Companies. U.S. PIRG Education Fund and Citizens for Tax Justice, 2015. Disponível em: http://ctj.org/ctjreports/2015/10/offshore_shell_games_2015.php#.WadYFciGOUk. Acesso em: 8 jul. 2017.

MICHAELS, R. The True Lex Mercatoria: Law Beyond the State. Indiana Journal of Global Legal Studies, v. 14, n. 2, p. 447-468, 2007.

MIGNOLO, W. The Prospect of Harmony and the Decolonial View of the World: Weihua He interviews. 12 jun. 2014. Disponível em: http://criticallegalthinking.com/2014/06/12/prospect-harmony-decolonial-view-mignolo/. Acesso em: 8 jul. 2017.

MIGNOLO, W. Local Histories/Global Designs: Coloniality, Subaltern Knowledges, and Border Thinking. Princeton: Princeton University Press, 2012[2000].

MINKKINEN, P. A-legal irruptions and spatial revolutions. Jurisprudence, v. 7, n. 1, p. 1-11, 2016.

PALAN, R. Tax Havens and Offshore Financial Centres. Academic Foresights, n. 4, p. 1-15, abr./jun. 2012.

PALAN, R. Tax Havens and the Commercialization of State Sovereignty. International Organization, v. 56, n. 1, p. 151-176, 2002.

QUIJANO, A. Cuestiones y horizontes. Antología esencial: de la dependencia histórico-estructural a la colonialidad/descolonialidad del poder. Buenos Aires: Clacso, 2014.

SCOTT, S.; AMBLER, O. Does Legality Really Matter? Accounting for the Decline in US Foreign Policy Legitimacy Following the 2003 Invasion of Iraq. European Journal of International Relations, v. 13, p. 67-87, 2007.

SWANSON, S. R. Google sets sail: Ocean-based server farms and international law. Conneticut Law Review, v. 43, n. 3, p. 711-751, 2011.

TEUBNER, G. Global Bukowina: Legal Pluralism in the World Society. In: TEUBNER, G. (Ed.). Global Law without a state. Dartmouth: Aldershotm, 1997. p. 3-38.

WAYNE, L. How Delaware Thrives as a Corporate Tax Haven. New York Times, New York, 30 jun. 2012.

WEIZMAN, E. On Extraterritoriality. Conference lectured. In: SYMPOSIUM ARCHIPELAGO OF EXCEPTION. SOVEREIGNTIES OF EXTRATERRITORIALITY, 2005, Barcelona. Anais... Barcelona, 10-11 nov. 2005. Disponível em: http://www.publicspace.org/en/text-library/eng/b011-on-extraterritoriality. Acesso em: 12 ago. 2017.

Published

2017-10-19

Issue

Section

Dossiê "Geografia e finanças"

How to Cite

MACHADO, Lia Osorio. Visible and Invisible: The World Financial-Corporate System from the Perspective of Extraterritoriality and the Legal-Illegal Binary Code. GEOUSP Espaço e Tempo (Online), São Paulo, Brasil, v. 21, n. 2, p. 325–340, 2017. DOI: 10.11606/issn.2179-0892.geousp.2017.136846. Disponível em: https://revistas.usp.br/geousp/article/view/136846.. Acesso em: 5 jul. 2024.