Dr. Hoang\, Professor of Sociology at the University of Chicago\, wi ll present a lecture titled "Spiderweb Capitalism: How Global Elites Exploi t Frontier Markets."
Note: Due to the sensitive nature of Dr. Hoa ng's talk material\, this lecture will not have a Zoom component and will n ot be recorded.
[image_aligned img_url="https:/ /soci.cms.arts.ubc.ca/wp-content/uploads/sites/3/2023/11/kimberleyhoang-cro pped.png" caption="Dr. Kimberly Kay Hoang" align="right"]
In 2015\, t he anonymous leak of the Panama Papers brought to light millions of financi al and legal documents exposing how the superrich hide their money using co mplex webs of offshore vehicles. Spiderweb Capitalism takes you in side this shadow economy\, uncovering the mechanics behind the invisible\, mundane networks of lawyers\, accountants\, company secretaries\, and fixer s who facilitate the illicit movement of wealth across borders and around t he globe.
Drawing on hundreds of in-depth interviews with private wea lth managers\, fund managers\, entrepreneurs\, C-suite executives\, bankers \, auditors\, and other financial professionals\, I trace the flow of capit al from offshore funds in places like the Cayman Islands\, Samoa\, and Pana ma to special-purpose vehicles and holding companies in Singapore and Hong Kong\, and how it finds its way into risky markets onshore in Vietnam and M yanmar. I reveal the strategies behind spiderweb capitalism and examines th e moral dilemmas of making money in legal\, financial\, and political gray zones.
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Kimberly Kay Hoang is Professor of Sociology and th e College and the Director of Global Studies at the University of Chicago. Her research examines deal making in frontier and emerging economies.
Dr. Hoang is the author of two books. Spiderweb Capitalism: How Global Elites Exploit Frontier Markets (Princeton University Press 2022). Th is book provides a behind-the-scenes look at how the rich and powerful use offshore shell corporations to conceal their wealth and make themselves ric her. Spiderweb Capitalism is the winner of five distinguished book awards from the Association of American Publishers and the American Sociol ogical Association.
She received the 2020 Lewis A Coser Award from th e American Sociological Association Section on Sociological Theory— a mid-c areer award for Theoretical Agenda Setting. Her books and articles have bee n awarded over 26 prizes from several different professional associations. In addition to her research\, she is the winner of the 2018 Llewellyn John and Harriet Manchester Quantrell Teaching at the University of Chicago. Her work has been published in American Sociological Review\, Social Problems\ , Gender & Society\, Sociological Theory\, City & Community\, Contexts\, an d the Journal of Contemporary Ethnography. Her peer reviewed journal articl es have won over 14 prizes and honorable mentions.
Find out more about Dr. Kimberly Kay Hoang here.
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We strive to host inclusive\, accessible events that enable all individuals to engage fully. To be respectful of those with allergies a nd environmental sensitivities\, we ask that you please refrain from wearin g strong fragrances. To request an accommodation or for inquiries about acc essibility\, please contact us through the RSVP form or email us at soci.co mmunications@ubc.ca.
CATEGORIES:Featured Homepage,Featured News &\; Events LOCATION:ANSO 134 GEO:49.268864;-123.258533 URL;VALUE=URI:https://sociology.ubc.ca/events/event/distinguished-speaker-s piderweb-capitalism/ ATTACH;FMTTYPE=image/jpeg:https://soci.cms.arts.ubc.ca/wp-content/uploads/sites/3/2023/11/240109-DSS-Kimberly-Hoang-Poster.jpg END:VEVENT BEGIN:VTIMEZONE TZID:America/Vancouver BEGIN:STANDARD TZOFFSETFROM:-0700 TZOFFSETTO:-0800 DTSTART:20231105T090000 TZNAME:PST END:STANDARD END:VTIMEZONE END:VCALENDAR