
Geldwäsche - die ökonomische Dimension unbekannter Gefahren
Author(s) -
Thomas Achim Werner
Publication year - 1996
Publication title -
prokla
Language(s) - English
Resource type - Journals
eISSN - 2700-0311
pISSN - 0342-8176
DOI - 10.32387/prokla.v26i103.928
Subject(s) - money laundering , earnings , stock exchange , order (exchange) , economics , economy , law and economics , accounting , finance
Organized Crime manages to recycle ist immense earnings into the legal economy by using various tcchniques of money laundering. The laundered money can undermine the legal economy. This process is analysed in a macroeconomic model in order to show the qualitative interrelationsship between organized crime, money laundering, and the legal action taken against it. The influence on money stock and exchange rates is shown, as weil as the negative consequences for fair competition and resource allocation.