—Underground economy is an expression that
encompasses many conceptual terms, but irrespective of the
existent definitions, it consists of certain activities that have
persisted over time, especially illegal employment, tax fraud,
illegal production, drug trafficking, smuggling, money
laundering, etc. The influence of underground economy in the
global context stands out due to cross-border activities, as well
as due to the association with organized crime groups.
—legal, international organizations, money
Rădulescu Dragoş Lucian, Department of Law and Social Sciences,
Petroleum-Gas University of Ploieşti, Ploiesti,
Cite:Rădulescu Dragoş Lucian, "The Concept of Money Laundering in Global Economy," International Journal of Trade, Economics and Finance vol.1, no.4, pp. 354-360, 2010.