scholarly journals INVESTIGATING THE EFFECTIVENESS OF STERILIZATION POLICY IN CONTROLLING MONEY SUPPLY AND CAPITAL INFLOWS IN NIGERIA

2021 ◽  
Vol 18 (32) ◽  
Author(s):  
Miloš Grujić ◽  
Mile Šikman
Keyword(s):  
Developing Countries ◽  
Emerging Markets ◽  
Money Laundering ◽  
21St Century ◽  
General Public ◽  
Capital Inflows ◽  
Financial Flows ◽  
Business Operations ◽  
The Subject ◽  
Made In

Money laundering, in its almost 90-year-long history, has attracted the attention of the scientific, professional, but also the general public. Throughout the entire period, the manifestations of this criminal phenomenon, its typology, etiological factors, etc., have changed, but the essence has remained the same: the transformation of illegally acquired money into legal financial flows. Emerging markets are particularly burdened, which is the subject of this paper: identifying, monitoring and proving the process of money laundering with the aim to reduce it in developing countries. In addition, what can be observed in these markets is that money laundering operations are mainly related to those activities where most of the payments are made in cash. Their specificity, that is, the basic motive for execution, is not just a profit, but the aspiration to introduce “dirty” money into legal flows. The aim of this paper is to use the method of description to explain and describe scientifically the money laundering process and to combat this phenomenon with a focus on the characteristics of the money laundering process. In addition, the paper describes the models and weaknesses of this process, while at the same time it respects the standards and specifics of business operations in emerging markets. The result of the paper is that it provides an overview of money laundering in the 21st century in small and open economies, including proposals to prevent and combat this negative phenomenon.

Design and Implementation of Mobile-Based Technology in Strengthening Health Information System

2012 ◽  
pp. 158-182
Author(s):  
Saptarshi Purkayastha
Keyword(s):  
Information System ◽  
Developing Countries ◽  
Emerging Markets ◽  
Health Information ◽  
Case Studies ◽  
Large Scale ◽  
Health Information System ◽  
Low Resource Settings ◽  
Design And Implementation ◽  
Made In

In the context of developing countries, there is a mounting interest in the field of mHealth. This surge in interest can be traced to the evolution of several interrelated trends (VW Consulting, 2009). However, with numerous attempts to create mobile-based technology for health, too many experiments and projects have not been able to scale or sustain. How is it possible to design and implement scalable and sustainable mHealth applications in low resource settings and emerging markets?. This chapter provides lessons from case studies of two successful and large scale implementations of mHealth solutions and the choices that were made in the design and implementation of those solutions. The chapter uses Information Infrastructure Theory as a theoretical lens to discuss reasons why these projects have been able to successfully scale.

Design and Implementation of Mobile-Based Technology in Strengthening Health Information System

2012 ◽  
pp. 689-713
Author(s):  
Saptarshi Purkayastha
Keyword(s):  
Information System ◽  
Developing Countries ◽  
Emerging Markets ◽  
Health Information ◽  
Case Studies ◽  
Large Scale ◽  
Health Information System ◽  
Low Resource Settings ◽  
Design And Implementation ◽  
Made In

In the context of developing countries, there is a mounting interest in the field of mHealth. This surge in interest can be traced to the evolution of several interrelated trends (VW Consulting, 2009). However, with numerous attempts to create mobile-based technology for health, too many experiments and projects have not been able to scale or sustain. How is it possible to design and implement scalable and sustainable mHealth applications in low resource settings and emerging markets?. This chapter provides lessons from case studies of two successful and large scale implementations of mHealth solutions and the choices that were made in the design and implementation of those solutions. The chapter uses Information Infrastructure Theory as a theoretical lens to discuss reasons why these projects have been able to successfully scale.

scholarly journals Tragedia lalki w żywiole komedii. Operowy kontekst filmu Aria Piotra Sapiegina (2001)

2018 ◽  
pp. 87-100
Author(s):  
Anna Igielska
Keyword(s):  
21St Century ◽  
Reference Point ◽  
Musical Expression ◽  
Multiple Perspectives ◽  
Giacomo Puccini ◽  
Audiovisual Medium ◽  
Animated Film ◽  
The Subject ◽  
Audiovisual Work ◽  
Made In

The subject of the analysis is the animated puppet film Aria by Pjotr Sapegin, which refers to the plot and the music – through the quotes from the aria ‘Un bel dì vedremo’ in the arrangement of Normand Roger – of the opera Madama Butterfly by Giacomo Puccini. By taking as a main reference point a description of musical operations made in the film and their contribution in constructing the meanings of the audiovisual work, the author of the article moves successively between several interpretation levels: historical (she situates the film within the puppet’s opera tradition), media-theoretical (she considers the qualitative transformation of the doll in theater and film in the perspective of different aesthetics of both media), theatrological (she reflects on the doll’s ontology, with particular emphasis on the question of comicality), and operological (she refers in part to the entire opera of Puccini and portrays more accurately verbal, musical and dramaturgical values of the aria ‘Un bel dì vedremo’, while proving that the Sapegin’s film is an example of meta-reflection on aria as a form of dramatic-musical expression). The multiple perspectives of the study are used to reveal the dramatic, stylistic, adaptive and philosophical complexity of Sapegin’s work and lead to the recognition of the capabilities of an animated film as an audiovisual medium that continually leads a creative dialogue with music as well as the potential of the puppet aesthetics at the beginning of the 21st century.

scholarly journals Global Illicit Financial Flows: Where does Dirty Money from Developing Countries become legal?

2021 ◽  
Vol 15 (2) ◽  
pp. 135-150
Author(s):  
Wahaj Ahmed Khan ◽  
Syed Tehseen Jawaid ◽  
„ Muhammad Asif Shamim
Keyword(s):  
Developing Countries ◽  
Money Laundering ◽  
Financial Stability ◽  
Policy Making ◽  
Developing Nations ◽  
Global Level ◽  
Financial Flows ◽  
International Body ◽  
Illicit Financial Flows ◽  
Financial Fund

The study determines most favorite destinations for money laundering preferred by wrong doers from 25 developing nations selected on the basis of highest illegal financial fund outflows from 2004 to 2014, a report published by Global Financial Integrity (GFI) in 2015. Firstly, it has been discussed that how money laundering activities are shackling the economic and financial stability in a country by distorting and damaging different sectors of economy as well as financial sector. Walker's Gravity Model has used to determine the most preferred destinations for money laundering. Research indicates that most developed and stable economies with lax controls are preferred by criminals. Robustness has been checked through triangulation method. It is recommended that uniform controls at global level are essential to eliminate havens and the need of international body which shall be responsible for policy making and enforcement of strong regulations is also highlighted.

The Profession of Public Service

1938 ◽  
Vol 32 (2) ◽  
pp. 332-342 ◽  
Author(s):  
William E. Mosher
Keyword(s):  
Public Service ◽  
General Public ◽  
Civil Service ◽  
The Public ◽  
The Past ◽  
Preceding Period ◽  
The Subject ◽  
Made In

In introducing the subject of this paper, it is held that we have failed, on the whole, to develop the public service as a well-recognized professional calling in this country, although it is not denied that preliminary steps toward this goal have been taken here and there, and particularly during the past few years. The position is probably tenable that more progress has been made in this direction in the last decade than in any preceding period since Jackson, not excepting the decade from 1883 to 1893 when civil service commissions were first installed. Jackson's famous statement: “The duties of all public officers are, or at least should be, made so plain and simple that men of intelligence may readily qualify themselves for their performance, and I cannot but believe that more is lost by the long continuance of men in office than is generally to be gained by their experience,” has apparently been perennially accepted by the general public.

scholarly journals Evolution or regress of the size and scope of global phenomenon of money laundering

2020 ◽  
Vol 14 (1) ◽  
pp. 963-974
Author(s):  
Akad Al-Kasawnih
Keyword(s):  
Money Laundering ◽  
Deviant Behavior ◽  
Decision Makers ◽  
Financial Assets ◽  
Tax Havens ◽  
Financial Flows ◽  
Market Participants ◽  
The Subject ◽  
Economic Philosophy ◽  
Financial Transactions

AbstractThe challenges facing an international economy in which the importance of the tertiary and quaternary sectors greatly increases, sometimes to the detriment of the primary and secondary ones, in which the financial flows far outstrip the real economic ones and in which the picture of the market participants is changed radically, they are increasingly numerous, more complex and require another type of mechanism to meet them. An almost organic companion of the processes of liberalization of the cross-border economic and financial flows and of the deregulation required by the alignment with the dominant economic philosophy, the non-functionalist one, has been the phenomenon of proliferation of tax havens towards which more and more financial assets flows for decades. These developments are concomitant with the deepening of income inequalities, between states but also within them, with the amplification of the acute lack of resources which can deal with some of the effects of worrying climate developments, with the placing of analysts in the academic environment but also of the political decision makers. of the subject entitled “just transition”. The amplification of the financial transactions carried out through these areas of derogatory taxation, has led to the accumulation of great dissatisfaction among several segments of the company that demand the reform of the economic governance mechanisms so that one can hope to correct the blatant malfunctions and to bring to light and bring to light under the control of civil society of societal deviant behavior from public morality and economic rationality. As a result of scandals of great media relevance, there has been an increasing tendency in international society to take measures, both nationally and internationally, which will help reduce the money-laundering phenomenon. The author intends to analyze the effectiveness with which a series has been implemented and regulations meant to place under a stricter control the evolution of the money laundering phenomenon. The emphasis is on the particularities of money laundering through the Internet and Electronic Commerce because using such a mechanism through the use of electronic financial transfer, the huge growth in the size and speed of financial flows can reduce the chances of detecting the movement of illegal funds.

scholarly journals Discourses of Anti-corruption in Mexico. Culture of Corruption or Corruption of Culture?

2008 ◽  
Vol 5 (1) ◽  
Author(s):  
Gabriela Coronado
Keyword(s):  
Developing Countries ◽  
Emerging Markets ◽  
Foreign Investment ◽  
General Public ◽  
Global Economy ◽  
Global Capitalism ◽  
National Cultures ◽  
Discursive Strategies ◽  
Country Characteristics ◽  
Cultural Texts

In the context of global capitalism the so-called developing countries are considered ‘commodities’ in offer in the global economy as emerging markets or for foreign investment. Countries need to show they are potentially highly competitive with low risk. The value of country characteristics is set by globalised managerial discourses, based on postcolonial ideologies that rate cultures and societies in terms of linear notions of progress and civilisation. Cultures and behaviours are judged positively or negatively according to the position countries supposedly have in the evolution of world society. In this framework one element that countries need to eradicate or reduce in order to be seen as ‘attractive’ is corruption. Towards this aim international and national government and non-government organisations have put in place anti-corruption campaigns. In communications with the general public, these schemes represent actors and acts of corruption through discursive strategies that characterize world cultures and their links with corruption in terms of postcolonial ideologies. In this paper I focus on the implications of the metaphor ‘culture of corruption’ for rating countries, questioning its effectiveness in anti-corruption campaigns. I argue that anti-corruption instruments based on postcolonial ideologies corrupt representations of national cultures and peoples behaviours, instead of targeting local and global sectors that gain from institutionalised corruption. Through the analysis of anti-corruption cultural texts publicly available in Mexico I illustrate how the ideological misrepresentation of corruption fails its stated aim, to transform a ‘culture of corruption’ into a ‘culture of legality’.

Illicit Financial Flows: Concepts, Measurement, and Evidence

2019 ◽  
Vol 35 (1) ◽  
pp. 44-86
Author(s):  
Matthew Collin
Keyword(s):  
Money Laundering ◽  
Tax Evasion ◽  
Research Agenda ◽  
Empirical Work ◽  
Risk Indicators ◽  
Financial Flows ◽  
Cross Border ◽  
Illicit Flows ◽  
Illicit Financial Flows ◽  
The Subject

Abstract There is a growing consensus that the presence of illegal and harmful cross-border financial flows is one of the factors impeding economic and human development. In recent years, a new conceptual framework for describing these “illicit” financial flows (IFFs) has emerged that combines issues ranging from cross-border money laundering to tax evasion. This article summarizes and clarifies recent empirical work in this area. Three types of studies are considered and critiqued: (i) methods of measuring IFFs, (ii) constructed risk indicators, and (iii) forensic studies that aim to uncover instances where illicit flows have occurred. The article discusses the limitations of all three approaches and proposes ways in which the research agenda on IFFs could be reasonably advanced, given the hidden nature of the subject.

The dark side of tax havens in money laundering, capital flight and corruption in developing countries: some evidence from Nigeria

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Olatunde Julius Otusanya ◽  
Gbadegesin Babatunde Adeyeye
Keyword(s):  
Developing Countries ◽  
Money Laundering ◽  
Capital Flight ◽  
The Political ◽  
Supply Side ◽  
Financial Industry ◽  
Tax Havens ◽  
Financial Flows ◽  
Content Type

Purpose This paper aims to assess the role of secrecy jurisdictions in providing supply-side stimulants for illicit financial flows from developing countries and how the tax havens structures shape the role of actors. Specifically focussing on decades of trade liberalisation and markets, and of increasingly rapid movement of people, capital and information across regions and around the globe, the paper draws on the political economy theory of globalisation to illuminate the connections between capital flight, money laundering and global offshore financial centres (OFCs). Design/methodology/approach The paper uses publicly available evidence to shed light on the role played by tax havens in facilitating money laundering, capital flight and corruption. The issues are illustrated with the aid of case studies. Findings The evidence shows that, in pursuit of organisational and personal interest, the tax havens create enabling structures that support illicit activities of the political and economic elites from developing countries. The paper further argues that the supply-side of corruption severely limits the possibilities of preventing corruption in developing countries. Research limitations/implications The paper uses publicly available evidence to illuminate the role played by OFCs in facilitating elite corruption and money laundering practices. Practical implications It is impossible to quantify the volume of money laundered, but it has been estimated that money laundering may account for as much as 5% of the world economy. Social implications The paper, therefore, suggests that unless this supply-side of corruption is tackled there is little prospect for an end to aid dependency and the creation of economically stable and democratic states in developing countries. Originality/value The paper examines predatory practices of the international financial industry in tax havens and OFCs in facilitating money laundering, corruption and capital flight and the challenges posed for the economic development of developing countries.

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