Transaction Search Form: please type in any of the fields below.
Date: April 30, 2024 Tue
Time: 3:22 am
Time: 3:22 am
Results for money laundering (russia)
1 results foundAuthor: Kar, Dev Title: Russia: Illicit Financial Flows and the Role of the Underground Economy Summary: This study presents estimates of various types of capital flows to and from post-Soviet Russia. We argue that while netting out is a valid concept related to licit flows, illicit flows in both directions should be added in order to assess their adverse impact on the economy. Simultaneous equation modeling shows that total illicit flows both drive and are driven by underground economic activities. The latter is used as a proxy for the state of overall governance in Russia, which continues to be a serious issue. We suggest a range of domestic and international policy measures to curtail the cross-border transmission of illicit financial flows to and from Russia. Details: Washington, DC: Global Financial Integrity, 2013. 84p. Source: Internet Resource: Accessed February 15, 2013 at: http://russia.gfintegrity.org/Russia_Illicit_Financial_Flows_and_the_Role_of_the_Underground_Economy-HighRes.pdf Year: 2013 Country: Russia URL: http://russia.gfintegrity.org/Russia_Illicit_Financial_Flows_and_the_Role_of_the_Underground_Economy-HighRes.pdf Shelf Number: 127632 Keywords: CorruptionFinancial CrimeMoney Laundering (Russia)Underground Economy |