Jersey Case Study: Part 2

In the previous chapter we examined the emergence of the Jersey OFC, analysing the five main phases in its development using the key factors. This second part of the case study examines the impact of the OFC on the island using a provisional impact analysis. This leads us to address the issue of whether or not Jersey was subsidised by the UK in the areas of education, health and defence. Finally we discuss whether the States of Jersey had any real alternative to encouraging offshore finance from the 1970s and the outlook for the Jersey OFC.