Economic crime in developing and transition economies

Dayanath Jayasuriya

Chapter 3 in A Research Agenda for Economic Crime and Development, 2023, pp 75-92 from Edward Elgar Publishing

Abstract: Economic crime has received more attention in recent times with specific reference being made to it in a 2022 resolution of the United Nations Human Rights Council. Credit card and banking fraud; corruption and COVID-19 related frauds are of increasing concern to developing and transition economies. However, many of these countries still lag behind developed countries in terms of updated legislation; regulatory and compliance control systems; trained law enforcement officers and independent law enforcement agencies. Due to high levels of corruption among politicians and influential people, countries lack the political will to effectively combat economic crime and allocate sufficient resources. The United Nations agencies, Interntional Monetary Fund, the World Bank and geo-pollical groupings as well as multilateral donor agencies need to step up pressure on these countries to ensure better accountability and governance systems.

Keywords: Development Studies; Economics and Finance; Law - Academic (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/doi/10.4337/9781802201383.00009 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:20953_3

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().