Interdiction of terrorist funds has become a priority for intergovernmental cooperation. Logically, this initiative should affect SDM financing as well as conflict funding more generally - particularly where incumbent states can outlaw such movements. However, multilateral and unilateral attempts to ensure timely reporting of transactions made by targeted individuals or groups, and to deny them access to the international financial system, have had limited success. This is mainly due to economic disincentives for the disclosure of the identity and purpose of transacting agents, particularly those using correspondent banking services, informal money transfer networks and offshore financial centres. Solutions should be based on positive incentives for disclosure, and could include trans-border withholding taxes on transactions with unregulated clients and the provision of affordable transfer systems for emigrants. But this in turn would require a clear and practicable definition of the 'right to self-determination' in terms of international jurisdiction.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by Queen Elizabeth House, University of Oxford in its series QEH Working Papers with number
qehwps96.
Length: Date of creation: Date of revision: Handle: RePEc:qeh:qehwps:qehwps96
Contact details of provider: Postal: Queen Elizabeth House 3 Mansfield Road, Oxford, OX1 3TB United Kingdom Phone: +44 (1865) 281800 Fax: +44 (1865) 281801 Email: Web page: http://www.qeh.ox.ac.uk/ More information through EDIRC
For technical questions regarding this item, or to correct its listing, contact: (Rachel Crawford).
Related research
Keywords:
This paper has been announced in the following NEP Reports:
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: