The Hidden Wealth of Nations: The Scourge of Tax Havens

Meet the young French star economist, Gabriel Zucman, who has quantified the amount of fortunes hidden away in tax havens.


About the event

It is widely agreed that tax havens and tax avoidance is a threat to public trust in institutions and the political system. But getting a sense of the scale has been difficult. In his book, The Hidden Wealth of Nations, the young French economist, Gabriel Zucman (born 1986), who has worked with Thomas Piketty, among others, has quantified the hidden fortunes. He estimates that more than 7,900 billion Euros are stashed away in tax havens in, among other places, Zurich, Hong Kong, Luxembourg, the Bahamas or the Cayman Islands.

Not only does he put a figure on the scandal, Gabriel Zucman is also proposing a cohesive and realistic plan of action to combat lack of financial transparency. He argues that financial sanctions should be imposed, and that a global financial register be established. The tax havens are at the core of the financial and democratic crisis, but the world's nations have the opportunity to act, because no country alone can oppose the common demands from the US and the large EU countries.

Gabriel Zucman is Assistant Professor of Economics at UC Berkeley. Together with Thomas Piketty, he is in charge of the World Inequality Database. His book ‘La Richesse cachée des nations: Enquête sur les paradis fiscaux’ has been translated into 17 languages. 14 June 2019, Djøf Forlag will publish the Danish translation.


8.00 am          Check-in and light breakfast

8.30 am          Welcome

The Hidden Wealth of Nations by Gabriel Zucman

Wealth and tax haven interview with Gabriel Zucman

Discussion and question

10.30 am        Recap and end of day’s programme

The event will be conducted in English

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