A Passport of Convenience
IMF Podcasts, December 17, 2015
Source details
- Canonical URL
- A Passport of Convenience
Other formats
Bibliographic details
- Published: December 17, 2015
Episode summary
- Episode date: December 17, 2015.
- Topic: The rise of an industry where residency and citizenship are offered in return for investment.
- Framing: The confluence of globalization and increased travel security has contributed to the flourishing of this industry.
- Basis: Discussion draws on the IMF article “A Passport of Convenience” published in the December 2015 issue of Finance & Development.
Key findings and observations
- Global drivers:
- Globalization and increased travel security are cited as factors enabling a market for residency and citizenship-by-investment.
- Economic implication:
- Offering citizenship in return for investment is characterized as proving a lucrative business for some small states.
- Perspectives presented:
- Insights are provided by Judith Gold, Deputy Division Chief, IMF Western Hemisphere Department, and Ahmed El-Ashram, economist, IMF Western Hemisphere Department, coauthors of the Finance & Development article.
Participants and production
- Guest contributors:
- Judith Gold, Deputy Division Chief, IMF Western Hemisphere Department.
- Ahmed El-Ashram, economist, IMF Western Hemisphere Department.
- Production team:
- Bruce Edwards, International Monetary Fund (producer of the IMF podcast program).
- Rhoda Metcalfe, independent journalist and audio producer.
- Producer credentials:
- Bruce Edwards is described as an award-winning audio producer and journalist who has covered armed conflicts, social unrest, and natural disasters and aims to showcase economists’ research in IMF podcasts.
Distribution platforms
- Available on multiple major platforms:
- Libsyn
- Spotify
- YouTube
- Soundcloud
- Apple