This paper has three goals. First, some theoretical remarks about money laundering (both the demand and supply sides) are made. Second, we provide a quantitative analysis of money laundering and a preliminary review of our empirical findings on the proceeds of transnational crime worldwide, as...

Anticorruption treaties generally define corruption as the abuse of entrusted power for private gain. As such, global anticorruption efforts primarily target transactions involving the bribery of governmental officials. The definition excludes transactions in which multinational corporations...

The scale of illicit financial flows (IFFs) originating from extractive economies across the Global South has grown dramatically over the last four decades. Focusing on the oil sector, and the unique challenges of addressing and regulating the oil commodity-trading sector, this paper examines...