Dirty Money: What the Underworld Understands that Economists Do Not

Raymond W. Baker; Jennifer Nordin

doi:10.2202/1553-3832.1205

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Dirty Money: What the Underworld Understands that Economists Do Not

Raymond W. Baker and Jennifer Nordin

Published/Copyright: January 24, 2007

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From the journal The Economists' Voice Volume 4 Issue 1

Economists have overlooked and misunderstood the impact of illegal financial flows — "dirty money" — on the global economy, according to Raymond Baker and Jennifer Nordin. Estimated at $1 trillion annually, dirty money renders economic analysis inaccurate and undermines development in poor countries.

Published Online: 2007-1-24

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Articles in the same Issue

Column
Is a Recession Ahead? The Models Say Yes, but the Mind Says No
Housing Collapse? Bring It On!
The Case for Public Funding and Public Oversight of Clinical Trials
Dirty Money: What the Underworld Understands that Economists Do Not
Deconstructing the China Price

https://doi.org/10.2202/1553-3832.1205

Articles in the same Issue

Column
Is a Recession Ahead? The Models Say Yes, but the Mind Says No
Housing Collapse? Bring It On!
The Case for Public Funding and Public Oversight of Clinical Trials
Dirty Money: What the Underworld Understands that Economists Do Not
Deconstructing the China Price