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Event
Title:
CAPITALISM S ACHILLES HEEL |
| Date:
3/30/2006
- 3/30/2006 |
| Development faces enough barriers without having money skimmed from its trade interactions—but that’s exactly the problem caused by money laundering and monetary loopholes. An expert on illegal and illicit financial flows between countries, Ray Baker presented his book, “Capitalism’s Achilles Heel” to the World Bank on March 31, 2006, as an examination of the difficulties caused by cooked books across borders. The panel, which was sponsored by the World Bank InfoShop, was convened at Bank headquarters and chaired by Jo Marie Griesgraber, Executive Director of the New Rules for Global Finance Coalition. |
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