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Unexploited potential? What role can international financial institutions play in drugs and development?

Byrd, William A. (2019) Unexploited potential? What role can international financial institutions play in drugs and development? Journal of Illicit Economies and Development, 1 (1). pp. 101-117. ISSN 2516-7227

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Identification Number: 10.31389/jied.13

Abstract

This paper assesses the potential for and obstacles to engagement on drugs issues from a development perspective by the World Bank and other International Financial Institutions, based on a review of the World Bank’s experience in Afghanistan as well as more general institutional aspects. Afghanistan demonstrates both the possibilities and benefits as well as the limitations of World Bank/IFI engagement on drugs and development. Prospects for duplicating, let alone exceeding, the level of Bank engagement on drugs seen in Afghanistan would not appear to be good. With pro-active encouragement and support by member countries of the World Bank/IFIs, however, there may be some entry points in major drug-producing countries and relating to global themes such as money-laundering or illicit-economic activities.

Item Type: Article
Additional Information: © 2019 The Author
Divisions: LSE
Subjects: J Political Science > JK Political institutions (United States)
H Social Sciences > HG Finance
H Social Sciences > HN Social history and conditions. Social problems. Social reform
Date Deposited: 26 Mar 2019 17:15
Last Modified: 09 Jul 2020 23:30
URI: http://eprints.lse.ac.uk/id/eprint/100366

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