Open AccessCase Studies on Globalisation and Money Laundering
Author(s) -
Eckhard Freyer
Publication year - 2008
Publication title -
revista de economía y estadística/revista de economía y estadística
Language(s) - English
Resource type - Journals
eISSN - 2451-7321
pISSN - 0034-8066
DOI - 10.55444/2451.7321.2008.v46.n2.4081
Subject(s) - money laundering , globalization , capital (architecture) , business , financial globalization , process (computing) , financial system , economic system , economics , market economy , finance , geography , archaeology , computer science , operating system
Financial globalization has greatly improved the efficiency of capital transfers around the world, with the cost of facilitating criminal money laundering activities. Based on case studies on conditions for money laundering in the process of globalization and transformation in Europe, are discussed the challenges that a “global financial village” must confront.