IDEAS home Printed from https://ideas.repec.org/a/mje/mjejnl/v7y2011i1p109-116.html
   My bibliography  Save this article

Basic Characteristics And Konsenquences Of Money Loundry On A Global Market

Author

Listed:
  • Branislav Brcanski

Abstract

Money laundering is the process of raising funds illegally, illegally using specific criminal acts. The main objective of money laundering is to be "dirty money" involved in the legal flow of business. "Dirty money" is acquired mainly through smuggling, drug trafficking, weapons and other illegal activities. The problems of money laundering are global, that affect the whole world and all countries are struggling to eradicate this dangerous type of crime. Countries that are not adequately confront the phenomenon of money laundering are in big trouble, because they are not interesting for foreign investment, and thus were condemned to economic ruin. It is proved that the officials in these countries is also subject to corruption and crime through the course, nobody wants to do business in such markets. Consequently, programs to combat money laundering and are more than a simple means for law enforcement, because it is in the interest of every country to eradicate this type of crime.

Suggested Citation

  • Branislav Brcanski, 2011. "Basic Characteristics And Konsenquences Of Money Loundry On A Global Market," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 7(1), pages 109-116.
    • Handle: RePEc:mje:mjejnl:v:7:y:2011:i:1:p:109-116
    as

    Download full text from publisher

    File URL: http://repec.mnje.com/mje/2011/v07-n01/mje_2011_v07-n01-a17.pdf
    Download Restriction: no
    File URL: http://repec.mnje.com/mje/2011/v07-n01/mje_2011_v07-n01-a17.html
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mje:mjejnl:v:7:y:2011:i:1:p:109-116. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Nikola Draskovic Jelcic (email available below). General contact details of provider: http://www.mnje.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.