Fighting impunity: Recent international asset recovery efforts to combat corruption

While useful steps are being made by the international community to produce asset recovery policy papers and knowledge products, this should not overshadow the important advances conducted in prosecutors’ offices, law firms, justice ministries and court houses around the world.
 

Mervyn King: ‘The End of Alchemy: Money, Banking, and the Future ...

Lord Mervyn King served as the governor of the Bank of England from 2003 to 2013, giving him a ringside seat to the financial...

Book Review: Flat tax in Bulgaria: History, introduction, results

Institute for Market Economics1 Estonia became the first European country to introduce a flat tax on income when it collapsed a progressive rate structure for...

Corruption and the Bribery Bill 2009

Nowadays, in the brave new world of globalisation, monitoring is omnipresent, and few countries are bold or foolhardy enough to legislate indifferent to how such formulations will be received. Not only legislation but also policing (not just police) resources and prosecutions/regulation are under scrutiny. 

Book Review: Will blockchain remake accounting, the internet and the world?

Civilization is founded on trust. A welter of research over the past two decades has shown that high trust societies grow more rapidly than...

StAR, asset recovery and the global toolbox against corruption

Recent events in the Arab World have shown that in the wake of civil chaos, kleptocratic elites often perpetrate economic crimes for personal gain. Fortunately, the international community holds one more tool in its global toolbox to help fight the impunity that is so often associated with grand corruption: the Stolen Asset Recovery (StAR) Initiative.   

 

Fighting International Corruption – Canadian Law Initiatives

Canada has long had laws prohibiting public corruption within its borders and more recently has enacted legislation respecting corruption of foreign officials. This paper outlines and discusses Canadian approaches to international public corruption by considering Canadian adherence to international conventions, Canadian law per se and ... 

Independent Commission against Corruption (ICAC)

The Independent Commission against Corruption (ICAC) of the Hong Kong Special Administrative Region (HKSAR) entered its 36th anniversary this February. After years of relentless efforts from the Government, graft fighters and the community ...

Using data to understand the world economy

The Hidden Wealth of Nations: The Scourge of Tax Havens Gabriel Zucman, (Chicago 2015). The Public Wealth of Nations: How Management of Public Assets Can Boost...

Book Review: ‘The Political Economy of Special Economic Zones: Concentrating Economic Development’ by...

Special economic zones (SEZs) with variations known as free ports, free cities, etc have been created in more than 130 countries over the last...

Book Review: ‘The Money Problem: Rethinking Financial Regulation’ by Morgan Ricks

Morgan Ricks’s Money Problem is unusual in that it presents the creation of money by banks in simple but detailed terms that should be...

Book Review of ‘Popular Economics’ by John Tamny (Regnery 2015)

Do you get tired of the endless misinformation spewed by those who are running for or are already in public office and their enablers...

The OECD Anti-Bribery Convention – successes and future challenges

Bribing public officials to obtain advantages in international business raises serious moral and political concerns, undermines good governance and sustainable economic development and distorts international competition.

Corruption:A global problem requiring global solutions

The role of reputable centres is frequently exaggerated by the media, politicians, onshore regulators and law enforcement, international agencies and (not least) religious/charitable organisations, sometimes with misconceived, misguided or misdirected agendas and numbers picked off a dart board

Global corruption: Where do we stand?

Many of us have a notion of corruption that is framed by images of envelopes filled with money that business people or their intermediaries give to public officials to gain an undue advantage in contracting, licensing and other business-related processes in all corners of the world.