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An unprecedented new international moral and legal rule forbids one state from hosting money stolen by the leaders of another state. In The Despot's Guide to Wealth Management, J. C. Sharman asks how the anti-kleptocracy regime came about, how well it is working, and how it could work better.
J. C. Sharman is Sir Patrick Sheehy Professor of International Relations at the University of Cambridge. He is the author of The Despot's Guide to Wealth Management: On the International Campaign against Grand Corruption, The Money Laundry: Regulating Criminal Finance in the Global Economy, and Havens in a Storm: The Struggle for Global Tax Regulation, all from Cornell, and coauthor most recently of International Order in Diversity: War, Trade and Rule in the Indian Ocean.
"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."
Michael Levi, Cardiff University, author of The Phantom Capitalists: The Organization and Control of Long-Firm Fraud and member of the European Commission's Group of Experts on Corruption:
"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 of a range of legal cases and national practices, and juxtaposes rhetoric and claims in official settings with evidence of practice."
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