Buehn, Andreas; Schneider, Friedrich --- "A preliminary attempt to estimate the financial flows of transnational crime using the MIMIC method" [2013] ELECD 919; in Unger, Brigitte; van der Linde, Daan (eds), "Research Handbook on Money Laundering" (Edward Elgar Publishing, 2013) 172

Book Title: Research Handbook on Money Laundering

Editor(s): Unger, Brigitte; van der Linde, Daan

Publisher: Edward Elgar Publishing

ISBN (hard cover): 9780857933997

Section: Chapter 14

Section Title: A preliminary attempt to estimate the financial flows of transnational crime using the MIMIC method

Author(s): Buehn, Andreas; Schneider, Friedrich

Number of pages: 18

Abstract/Description:

Until 2008, growth of the world economy was quite high and improved economic well-being all over the globe. This development was, however, accompanied by some risks too. One of them is transnational organized crime (TOC), which has risen remarkably in the last 20 years. This raises the following two questions: (1) From where does transnational crime get its proceeds; and (2) What do we know about their size and development? In this chapter, question (1) will be briefly answered, but the main focus lies on providing a more detailed answer to question (2) on the size and development of the finances of transnational crime. A detailed analysis of the financial proceeds of TOC and its sources is crucial in order to reduce its possibilities, so that the basis of its operations is at least limited.