Illgotten Money And The Economy: Experiences From Malawi And Namibia (World Bank Studies) (World Bank Study),New

Illgotten Money And The Economy: Experiences From Malawi And Namibia (World Bank Studies) (World Bank Study),New

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Many developing countries have introduced policies to tackle illgotten 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 antifinancial 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 illgotten money or proceeds of crime and antimoney laundering policies on economic development.The study focused on two developing countries: Malawi, (a lowincome country) and Namibia (an uppermiddleincome country). The starting point of this analysis is that antimoney laundering is essentially a tool to address criminal activities and that, as a result, understanding criminal activities and how proceeds of crime impact development. The purpose of this study was: (i) to provide an initial answer to the question if and how measures to address proceeds of crime contributes to economic development; and (ii) to develop a framework that enable governments in developing countries to analyze the main sources of illgotten money and its effects on the economy.

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This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).

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