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Corruption - Economic Analysis and International Law (Hardcover)
Loot Price: R5,492
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Corruption - Economic Analysis and International Law (Hardcover)
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'To effectively combat corruption globally, the collection and
dissemination of knowledge is crucial. This excellent book takes us
a step forward in our collective efforts to better understand the
causes and effects of corruption from an international perspective.
Through its detailed analysis of the economic impact of corruption
in a diverse range of countries, this publication provides us with
a new resource to draw on in our future efforts to reduce
corruption together worldwide.' - Dimitri Vlassis, United Nations
Office on Drugs and Crime, Vienna, Austria Corruption presents many
legal and regulatory challenges, but these challenges cannot be met
by the law in isolation. This book presents economic analysis of
crime as an essential tool for shaping an effective legal
apparatus. The authors contend that in order to assess whether and
how to regulate corruption, it is necessary to start with a
thorough inquiry into the causes, institutional and social effects,
and most of all, actual and potential economic and financial
consequences of crimes. This, they argue, should inform and help
shape a balanced legal and regulatory approach to corruption.
Economic analysis is also the key to measuring the efficacy of
current anti-corruption instruments, and in the light of this the
book finds many existing legal counter-measures lacking. On the
other hand, its assessment of new international instruments and
their domestic implementation and enforcement, and the monitoring
mechanisms embedded by certain international organizations,
demonstrates a clear relationship between realistic economic
analysis and effective solutions to the economic and legal problems
posed by corruption. Offering a comprehensive legal study of
corruption and grounded in economic analysis, this detailed book
will appeal to scholars and researchers in crime and corruption,
international public organizations and anti-corruption agencies.
Contents: Foreword Preface Introduction Part I: Economics, Finance,
and Governance Section 1: Economics 1. Opening Remarks: Corruption
and Economic Analysis 2. Firms, Markets, and Corruption 3.
Corruption and Macroeconomic Performance Section 2: Finance 4.
Financial Markets: Bonds, Stocks, and Politically-connected Firms
5. The Impact of Corruption in Shares Returns of Euro-area Listed
Industrial Firms 6. Operational Efficiency, Corruption, and
Political Stability in Microfinance Section 3: Governance 7.
Governance, Corruption, and Effects on Institutions Part II: Birth
and Evolution of an Anti-corruption Global Legal Standard
Trans-national Corruption and Effective Regulation Section 4: Cases
of Trans-national Corruption: Description and Legal Issues 8. How
Corruption Affects the Economic and Institutional Textures of
States: three case examples Section 5: Horizontal Assessment of the
International Hard Law Instruments 9. The US FCPA as the Archetype
of the Supra-national Anti-bribery Regulation 10. The Emergence of
an International Framework: Regional, International, and
Multilateral Treaties and Initiatives 1 1. Criminalization of the
Offence 12. Sanctions and Corporate Liability 13. Jurisdictional
Issues 14. Mutual Legal Assistance and Extradition 15. Preventive
and Non-criminal Related Measures 16. Follow up Procedures as
Specific Cases of International Supervision 17. Asset Recovery
Afterword Bibliography Index
General
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