Few and Far : The Hard Facts on Stolen Asset Recovery

Corruption has a devastating impact on developing and transition countries, with estimates of $20 billion to $40 billion per year stolen by public officials, a figure equivalent to 20 to 40 percent of flows of official development assistance. The return of the proceeds of corruption--asset recovery-...

Full description

Bibliographic Details
Main Authors:	Gray, Larissa, Hansen, Kjetil, Recica-Kirkbride, Pranvera, Mills, Linnea
Format:	Publication
Language:	en_US
Published:	Washington, DC: World Bank and OECD 2014
Subjects:	asset recovery proceeds of corruption corruption tracing freezing confiscation measures unjust enrichment laws G20 Anticorruption Working Group Financial Action Task Force
Online Access:	http://hdl.handle.net/10986/20002

id	okr-10986-20002
recordtype	oai_dc
spelling	okr-10986-200022021-06-08T12:08:53Z Few and Far : The Hard Facts on Stolen Asset Recovery Gray, Larissa Hansen, Kjetil Recica-Kirkbride, Pranvera Mills, Linnea asset recovery proceeds of corruption corruption tracing freezing confiscation measures unjust enrichment laws G20 Anticorruption Working Group Financial Action Task Force Corruption has a devastating impact on developing and transition countries, with estimates of $20 billion to $40 billion per year stolen by public officials, a figure equivalent to 20 to 40 percent of flows of official development assistance. The return of the proceeds of corruption--asset recovery--can have a significant development impact. Returns can be used directly for development purposes, such as improvements in the health and education sectors and reintegration of displaced persons, with additional benefits of improved international cooperation and enhanced capacity of law enforcement and financial management officials. Development agencies and those committed to development effectiveness have a role in the asset recovery process. They have made international commitments to fight corruption and recover the proceeds of corruption in the Third High Level Forum on Aid Effectiveness: Accra Agenda for Actions, held in Accra in 2008, and the Fourth High Level Forum on Aid Effectiveness: Partnership for Effective Development, held in Busan in 2011. Despite these efforts, there has been difficulty in translating these commitments into concrete action. This StAR-OECD publication reports on how OECD countries are performing on asset recovery. Drawing on data collected between 2006 and 2012, the report provides recommendations and good practices and suggests specific actions for development agencies. 2014-09-09T18:27:56Z 2014-09-09T18:27:56Z 2014-08-29 978-1-4648-0274-4 http://hdl.handle.net/10986/20002 en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo Washington, DC: World Bank and OECD Publications & Research :: Publication Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	asset recovery proceeds of corruption corruption tracing freezing confiscation measures unjust enrichment laws G20 Anticorruption Working Group Financial Action Task Force
spellingShingle	asset recovery proceeds of corruption corruption tracing freezing confiscation measures unjust enrichment laws G20 Anticorruption Working Group Financial Action Task Force Gray, Larissa Hansen, Kjetil Recica-Kirkbride, Pranvera Mills, Linnea Few and Far : The Hard Facts on Stolen Asset Recovery
description	Corruption has a devastating impact on developing and transition countries, with estimates of $20 billion to $40 billion per year stolen by public officials, a figure equivalent to 20 to 40 percent of flows of official development assistance. The return of the proceeds of corruption--asset recovery--can have a significant development impact. Returns can be used directly for development purposes, such as improvements in the health and education sectors and reintegration of displaced persons, with additional benefits of improved international cooperation and enhanced capacity of law enforcement and financial management officials. Development agencies and those committed to development effectiveness have a role in the asset recovery process. They have made international commitments to fight corruption and recover the proceeds of corruption in the Third High Level Forum on Aid Effectiveness: Accra Agenda for Actions, held in Accra in 2008, and the Fourth High Level Forum on Aid Effectiveness: Partnership for Effective Development, held in Busan in 2011. Despite these efforts, there has been difficulty in translating these commitments into concrete action. This StAR-OECD publication reports on how OECD countries are performing on asset recovery. Drawing on data collected between 2006 and 2012, the report provides recommendations and good practices and suggests specific actions for development agencies.
format	Publications & Research :: Publication
author	Gray, Larissa Hansen, Kjetil Recica-Kirkbride, Pranvera Mills, Linnea
author_facet	Gray, Larissa Hansen, Kjetil Recica-Kirkbride, Pranvera Mills, Linnea
author_sort	Gray, Larissa
title	Few and Far : The Hard Facts on Stolen Asset Recovery
title_short	Few and Far : The Hard Facts on Stolen Asset Recovery
title_full	Few and Far : The Hard Facts on Stolen Asset Recovery
title_fullStr	Few and Far : The Hard Facts on Stolen Asset Recovery
title_full_unstemmed	Few and Far : The Hard Facts on Stolen Asset Recovery
title_sort	few and far : the hard facts on stolen asset recovery
publisher	Washington, DC: World Bank and OECD
publishDate	2014
url	http://hdl.handle.net/10986/20002
_version_	1764444910884225024

Few and Far : The Hard Facts on Stolen Asset Recovery

Similar Items