Geldwäsche - die ökonomische Dimension unbekannter Gefahren

Abstract

Organized Crime manages to recycle ist immense earnings into the legal economy by using various tcchniques of money laundering. The laundered money can undermine the legal economy. This process is analysed in a macroeconomic model in order to show the qualitative interrelationsship between organized crime, money laundering, and the legal action taken against it. The influence on money stock and exchange rates is shown, as weil as the negative consequences for fair competition and resource allocation.