Economic Analysis and International Law
The idea of creating a multilateral cooperation system for the recovery and restitution of assets that originate from crime is quite recent despite the fact that this phenomenon has had a significant economic and social impact, as everybody knows, especially with regard to developing countries. The IMF has estimated that the money that is laundered each year is equivalent to 3-5 percent of worldwide GDP: it is a sum that fluctuates between $600 billion and $1,800 trillion, of which a considerable part originates from corruption crimes.
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