The fight against dirty money and financial crimes in general is a very high priority for the EU - increasingly often on the top of the agenda - in the integration mission to establish a genuine, crime free, European space. Especially, the EC has frequently addressed the problem of white collar...

We use a stylized model to show that, if transfers to the poor are founded on a security argument, there is a negative trade-off between law enforcement expenditures and criminality. In contrast, if transfers are based on altruism, the correlation between the same variables may appear positive....