Disha Publication provides you the “Money Laundering: Its Genesis and Impacts on World Economy Chapter” which is taken from “The Mega Yearbook 2018“. Money laundering is indeed a global phenomenon which undermines the economic and political stability of nations. However, it has been apparent that developing countries have been more exposed and vulnerable to its exploits. The recently published Panama Papers and Paradise Papers exemplify the extent to which global elites are themselves involved in this criminal nexus which paralyses the entire economic system and leads to social and economic coercion of the underprivileged.
To read in detail download below the attached PDF