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Tax havens where politicians park their billions

April 8, 2009

Aruba

It is a 33-kilometre-long island of the Lesser Antilles in the southern Caribbean Sea.

Tourism is the mainstay of the small, open Aruban economy, along with offshore banking and oil refining and storage.

Cook Islands

It comprise a group of islands in the South Pacific Ocean, about half way between Hawaii and New Zealand.

Economic development of Cook Islands is hindered by its isolation from foreign markets, limited size of domestic markets, lack of natural resources, periodic devastation from natural disasters, and inadequate infrastructure.

It is a major exporter of black pearls.

Dominica

It is an island between the Caribbean Sea and the North Atlantic Ocean, about half way between Puerto Rico and Trinidad and Tobago.

The Dominican economy depends on agriculture, primarily bananas, and remains highly vulnerable to climatic conditions and international economic developments.

Miss Universe 2005 contestant Luisana Cicilia of Aruba models during the swimwear competition. | Photograph: Adrees Latif/Reuters

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