The Despot's Guide to Wealth Management: On the International Campaign against

Description: The Despots Guide to Wealth Management: On the International Campaign against Description: Product Description An unprecedented new international moral and legal rule forbids one state from hosting money stolen by the leaders of another state. The aim is to counter grand corruption or kleptocracy ("rule by thieves"), when leaders of poorer countries―such as Marcos in the Philippines, Mobutu in the Congo, and more recently those overthrown in revolutions in the Arab world and Ukraine―loot billions of dollars at the expense of their own citizens. This money tends to end up hosted in rich countries. These host states now have a duty to block, trace, freeze, and seize these illicit funds and hand them back to the countries from which they were stolen. In The Despot's Guide to Wealth Management, J. C. Sharman asks how this anti-kleptocracy regime came about, how well it is working, and how it could work better. Although there have been some real achievements, the international campaign against grand corruption has run into major obstacles. The vested interests of banks, lawyers, and even law enforcement often favor turning a blind eye to foreign corruption proceeds. Recovering and returning looted assets is a long, complicated, and expensive process. Sharman used a private investigator, participated in and observed anti-corruption policy, and conducted more than a hundred interviews with key players. He also draws on various journalistic exposés, whistle-blower accounts, and government investigations to inform his comparison of the anti-kleptocracy records of the United States, Britain, Switzerland, and Australia. Sharman He also recommends giving nongovernmental organizations and for-profit firms more scope to independently investigate corruption and seize stolen assets. Review "This book deals capably with government efforts to combat local scams, such as the massive Petrobras "car wash" affair in Brazil, and their contamination of global finance. It deals sequentially with efforts in the US, Switzerland, the UK, and Australia to combat kleptocracy―sometimes effective and sometimes not―often stymied by middlemen who like things the way they are. The book is well written and concise." -- I. Walter, New York University ― Choice "A major and important exercise in scrupulously-researched, brilliantly-documented and eloquently-expressed scholarship.... This is an extremely important book. For those who worry about "globalisation from above," it provides plenty of empirical evidence and analysis to show that the whole global financial structure desperately needs root and branch cleaning." ― Australian Institute of International Affairs "Sharman... is particularly interested in 'grand corruption': the theft of national wealth by kleptocratic leaders and their cronies, often in poor (albeit resource-rich) countries. It is a subject he knows well." ― The Economist "The book’s strength derives from its avoidance of the common error of reading history backwards; looking for the particular characteristics of the present in the past. [Sharman] shows that, contrary to what many might assume, international corruption was not always a pressing concern. On the contrary, it was only in the 1990s that western leaders started discussing it in earnest." ― Financial Times "The book introduces the global anti-corruption regime - which has emerged from new international norms - and specifically focuses on combating kleptocracy.... Sharman's thinking prompts a discussion where 'liberalism' (the belief that economic prosperity promotes the rule of law, democratic values and social justice) is both the architect and victim of corruption." ― RUSI Journal Review "The Despot's Guide to Wealth Management is a very fine piece of work. In this exceptionally accessible book, J. C. Sharman provides a clear-sighted critique of grand corruption control efforts, offers very thoughtful interpretation o Returns: In the unlikely event that you would like to return your purchase, we allow returns that are processed within 30 days of date of purchase. Please contact us for a return authorization and the return shipping address. Shipping costs are non-refundable. Payment: The following forms of payment are accepted: PayPal All major credit cards. Shipping: Our orders are generally handled and processed within 1-2 business days. Expedited shipping options are also available and can be selected during checkout. At this time, we only ship to physical addresses that are located within the 48 contiguous states of the United States of America. We are unable to ship to P.O. boxes, APO or FPO addresses, or international addresses directly. We are not responsible for undeliverable / incorrect addresses

Price: 29.89 USD

Location: Denver, Colorado

End Time: 2024-12-03T01:19:29.000Z

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