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dc.contributor.authorSharman, Jasonen_US
dc.contributor.authorChaikin, Daviden_US
dc.date.accessioned2017-05-03T15:21:06Z
dc.date.available2017-05-03T15:21:06Z
dc.date.issued2009en_US
dc.date.modified2010-06-23T05:23:18Z
dc.identifier.issn14680491en_US
dc.identifier.doi10.1111/j.1468-0491.2008.01420.xen_AU
dc.identifier.urihttp://hdl.handle.net/10072/28590
dc.description.abstractSystems of laws, regulations, and institutions developed to counter money laundering provide powerful tools for fighting corruption. Currently, however, the potential benefits anti-money-laundering (AML) systems can provide in fighting corruption go largely unrealized, especially in developing countries. This mismatch poses a puzzle: Why are developing countries failing to best capitalize on their expensive AML systems by using them to fight corruption? The article is built on three core claims. The first claim is that it is logical to use AML systems for anti-corruption purposes because of a pronounced overlap in the standards required for each and the rising costs of the former. The second section demonstrates specifically how AML systems could significantly augment anti-corruption efforts, focusing on the importance of financial intelligence, asset confiscation, and international cooperation. Finally, although powerful outsiders have successfully diffused AML systems among developing countries, a lack of "ownership" in the latter explains why these systems are often established only as tokens to enhance international legitimacy and reputations.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_AU
dc.languageEnglishen_US
dc.language.isoen_AU
dc.publisherWiley-Blackwell Publishingen_US
dc.publisher.placeUnited Statesen_US
dc.publisher.urihttp://www3.interscience.wiley.com/journal/118497136/homeen_AU
dc.relation.ispartofstudentpublicationNen_AU
dc.relation.ispartofpagefrom27en_US
dc.relation.ispartofpageto45en_US
dc.relation.ispartofissue1en_US
dc.relation.ispartofjournalGovernanceen_US
dc.relation.ispartofvolume22en_US
dc.rights.retentionYen_AU
dc.subject.fieldofresearchComparative Government and Politicsen_US
dc.subject.fieldofresearchcode160603en_US
dc.titleCorruption and Anti-Money Laundering Systems: Putting a Luxury Good to Worken_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, School of Government and International Relationsen_US
gro.date.issued2009
gro.hasfulltextNo Full Text


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