Showing 1 - 9 of 9
The money laundering (ML) and terrorist financing (TF) risks associated with conventional finance are generally well identified and understood by the relevant national authorities. There is, however, no common understanding of ML/TF risks associated with Islamic finance. Some are likely to be...
Persistent link: https://www.econbiz.de/10012996058
The paper advocates leveraging anti-money laundering (AML) measures to enhance tax compliance, tackle tax crimes, and, in turn, help mobilize domestic revenues. While AML measures have already been deployed to improve tax compliance, including during the European debt crisis, the benefits that...
Persistent link: https://www.econbiz.de/10014357290
This paper provides an empirical analysis of how the frequency and severity of terrorism affectgovernment revenue and … expenditure during the period 1970-2013 using a panel dataset on153 countries. We find that terrorism has only a marginal negative … alternative specifications and empirical strategies. On the other hand, we find strongevidence that terrorism is associated with …
Persistent link: https://www.econbiz.de/10013002155
the danger of terrorism and its complex repercussions on the financial markets. This paper explores the ways in which … strengthened so as to further enhance the resilience of financial markets to terrorism …
Persistent link: https://www.econbiz.de/10013318063
Germany, Greece, Ireland, Italy, Spain and Portugal. The stability ofGermany is a close proxy for the resilience of the euro … to theirrelative importance in the region. Changes in Greece's sovereign CDS had no significant effect on Germany …
Persistent link: https://www.econbiz.de/10013053040
Greece’s investment rate plunged following the Sovereign Debt Crisis (SDC) and remained one of the lowest in the world … suggest that Greece has been under-investing since the SDC, with private investment notably lagging behind. The estimated …
Persistent link: https://www.econbiz.de/10013295143
We review Greek public sector healthcare policies and health-related outcomes since 2010.We find that excess spending was successfully curtailed, elements of the institutional framework were modernized, and health outcomes have been relatively favorable. However, especially prior to Covid-19,...
Persistent link: https://www.econbiz.de/10013306774
The Greek pension system has been costly, complex, and distortive, which has contributed to Greece’s fiscal problems …
Persistent link: https://www.econbiz.de/10013306775
We construct a Financial Conditions Index (FCI) for Greece as a surveillance tool to quantify the degree of the stress … (EA) as a whole and show that although the developments in the EA were qualitatively in line with those in Greece, they … were quantitatively much milder. Our results confirm that monetary transmission was less effective in Greece compared to …
Persistent link: https://www.econbiz.de/10013012447