Sanctions to combat corruption

Oliver Windridge

Chapter 79 in Elgar Encyclopedia of International Sanctions, 2025, pp 281-283 from Edward Elgar Publishing

Abstract: Sanctions can be an important part of the fight against corruption. They allow sanctioning authorities to freeze assets and impose travel bans on those involved in serious corruption through emerging thematic and established geographic sanctions regimes. This entry examines the development of these thematic regimes and how geographic regimes have been used to address broader issues of illicit finance linked to corruption. To be most effective, sanctions should complement — not replace — other anti-corruption efforts, including stronger anti-money laundering measures, increased criminal investigations and prosecutions, and domestic initiatives targeting corruption at its root. Given the cross-border nature of serious corruption, a global approach is not just aspirational but essential: the impact of sanctions is further amplified when implemented through multilateral efforts.

Keywords: Accountability; Corruption; Human rights; Misappropriation of state assets (search for similar items in EconPapers)
Date: 2025
ISBN: 9781035339525
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