| Description |
1 online resource (116 pages) |
| Series |
World Bank Studies |
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World Bank studies.
|
| Contents |
Foreword; Acknowledgements; Acronyms and Abbreviations; Executive Summary; 1. Introduction; Concepts of Money Laundering; "Economification" of Money Laundering; What is AML?; AML and Economic Development; Research Objectives; Outline of the Report; 2. Methodological Framework; Economic Effects; Economic Effects of the Underlying Criminal and Illegal Activities; Economic Effects of the Circulation of Ill-gotten Money; Magnitude; Methodology; Countries of Focus: Malawi and Namibia; 3. Country of Focus: Malawi; The Malawi Economy; The Financial Sector |
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The Anti-Money Laundering (AML) SystemSources of Ill-gotten Money; Corruption; Tax Fraud; Cannabis Production; Other Crimes for Profit; Illegal Foreign Exchange Dealing; Transfer Pricing; Spending Patterns; Policy Considerations; 4. Country of Focus: Namibia; The Namibian Economy; The Financial Sector; The Anti-Money Laundering (AML) System; Sources of Criminal Money; Corruption; Organized Crime; Tax Fraud; Cross-border Money Flows; Spending Patterns; Policy Considerations; 5. Summary, Conclusions, and Policy Considerations; Main Findings; General Findings; AML and Financial Inclusion |
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Abusive BehaviorKey Recommendations; Follow-up Research; Boxes; Box 1.1. Terminology; Box 2.1. Attrition of Criminal Data (indicative scale only); Box 3.1. Malawi Corruption in Historical Perspective; Box 3.2. Police Uniforms; Box 3.3. Corruption in Public Procurement in Malawi; Box 3.4. Taxes, Duties, and Bribes; Box 3.5. Estimating the Domestic Tax Gap; Box 3.6. A Brief History of Cannabis in Africa; Box 3.7. Destroying Cannabis; Box 3.8. Illegal Forex Dealing in Lilongwe; Box 3.9. Transfer Pricing; Box 3.10. Collusive Pricing; Box 3.11. Conspicuous Consumption |
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Box 3.12. Causes of Financial ExclusionBox 4.1. Government Institutions Pension Fund Case; Box 4.2. Nuctech Case (Case Ongoing in Court); Box 4.3. Liquid Fuel Case; Box 4.4. Tendering and Namibia's Natural Resources; Box 4.5. The Pizza Connection Case; Figures; Figure 1.1. Concepts of Money Laundering; Figure 1.2. Basic Representation of Money Laundering; Figure 1.3. What is AML?; Figure 1.4. AML and Economic Development; Figure 2.1. The Impact of Illegitimate Activities, Ill-gotten Money Circulation, and AML Policies on Economic Development |
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Figure 4.1. The Namibian Economy Compared to Surrounding Countries in Terms of Overall GDP: In- and Outflow of MoneyFigure 5.1. Framework for Analyzing the Amounts and Effects of Ill-gotten Money; Figure 5.2. Hierarchy of Expenses of Ill-gotten Money; Figure 5.3. Flows of Ill-gotten Money in a Cash-based Economy with a Large Informal Sector; Figure 5.4. Criminal, Illegal, and Abusive Activities; Tables; Table 1.1. Economic Definitions of Money Laundering; Table 2.1. 25 Economic Effects of Money Laundering; Table 2.2. Economic Effects; Table 2.3. Malawi and Namibia At-A-Glance, 2009 |
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Table 3.1. Breakdown of Suspicious Transaction Reports by Reporting Agency, Malawi, January 2008-October 2010 |
| Summary |
Many developing countries have introduced policies to tackle ill-gotten money over the past years. Perception remains that such moves were more a result of international pressure being exercised than genuine ownership of such an agenda. There is not enough analysis and literature of how an anti-financial crime framework does (or does not) contribute to the development path of developing countries - or how best to use these tools in a developing country environment. This study was aimed at initially exploring the effects of ill-gotten money or proceeds of crime and anti-money laundering policie |
| Notes |
Print version record |
| Subject |
Money laundering -- Malawi -- Prevention
|
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Money laundering -- Namibia
|
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Money laundering -- Namibia -- Prevention
|
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Money laundering -- Malawi
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TRUE CRIME -- White Collar Crime.
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Economic history
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Money laundering
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Money laundering -- Prevention
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| SUBJECT |
Malawi -- Economic conditions
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Namibia -- Economic conditions
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| Subject |
Malawi
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Namibia
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| Form |
Electronic book
|
| Author |
Slot, Brigitte
|
|
Geller, Michael
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| LC no. |
2011028914 |
| ISBN |
9780821388884 |
|
0821388886 |
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9780821388877 |
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0821388878 |
|
