Fighting Fraud and Corruption at the World Bank

A Critical Analysis of the Sanctions System

Nonfiction, Reference & Language, Law, International, Business & Finance, Economics, International Economics
Cover of the book Fighting Fraud and Corruption at the World Bank by Stefano Manacorda, Costantino Grasso, Springer International Publishing
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Stefano Manacorda, Costantino Grasso ISBN: 9783319738246
Publisher: Springer International Publishing Publication: May 4, 2018
Imprint: Springer Language: English
Author: Stefano Manacorda, Costantino Grasso
ISBN: 9783319738246
Publisher: Springer International Publishing
Publication: May 4, 2018
Imprint: Springer
Language: English

This book focuses on the World Bank’s sanctions system, which is an innovative instrument of global governance implemented by the leading multilateral development bank in order to impose penalties on legal entities and individuals that are involved in Bank-financed projects. Although similar regimes have also been implemented by other regional multilateral development banks, the World Bank’s legal framework is currently the most comprehensive one.

The book offers a rich and detailed analysis of the sanctions system, presenting an in-depth examination of all the phases of its procedure with a special focus on key aspects such as the criteria for assigning liability to legal entities and corporate groups, as well as the World Bank’s jurisdictional reach over non-contractors. The book also explores the compatibility between the legal framework implemented by the Bank and the rule of law, the role of precedents, and the level of due process. It highlights the fact that the sanctions system is currently characterized by a lack of legal guarantees, and that there are compelling reasons for supporting the argument that due process safeguards should be applied to it in their entirety. To that end, the book conducts a thorough analysis of specific procedural aspects such as the right to a hearing, the right to evidence disclosure, the time limit regime, the standard of proof and shift of the burden of proof, the evidential value of a party’s silence, and the consistency and predictability of the World Bank’s sentencing practice. The study is conducted on the basis of a detailed and painstaking examination of the most relevant decisions taken by the Sanctions Board, providing the first-ever commentary on the World Bank’s case law.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book focuses on the World Bank’s sanctions system, which is an innovative instrument of global governance implemented by the leading multilateral development bank in order to impose penalties on legal entities and individuals that are involved in Bank-financed projects. Although similar regimes have also been implemented by other regional multilateral development banks, the World Bank’s legal framework is currently the most comprehensive one.

The book offers a rich and detailed analysis of the sanctions system, presenting an in-depth examination of all the phases of its procedure with a special focus on key aspects such as the criteria for assigning liability to legal entities and corporate groups, as well as the World Bank’s jurisdictional reach over non-contractors. The book also explores the compatibility between the legal framework implemented by the Bank and the rule of law, the role of precedents, and the level of due process. It highlights the fact that the sanctions system is currently characterized by a lack of legal guarantees, and that there are compelling reasons for supporting the argument that due process safeguards should be applied to it in their entirety. To that end, the book conducts a thorough analysis of specific procedural aspects such as the right to a hearing, the right to evidence disclosure, the time limit regime, the standard of proof and shift of the burden of proof, the evidential value of a party’s silence, and the consistency and predictability of the World Bank’s sentencing practice. The study is conducted on the basis of a detailed and painstaking examination of the most relevant decisions taken by the Sanctions Board, providing the first-ever commentary on the World Bank’s case law.

More books from Springer International Publishing

Cover of the book Towards Autonomous Soft Matter Systems by Stefano Manacorda, Costantino Grasso
Cover of the book Integration, Interconnection, and Interoperability of IoT Systems by Stefano Manacorda, Costantino Grasso
Cover of the book Thomas Hardy and History by Stefano Manacorda, Costantino Grasso
Cover of the book National Basketball Association Strategies by Stefano Manacorda, Costantino Grasso
Cover of the book Pathological Elements in Analog Circuit Design by Stefano Manacorda, Costantino Grasso
Cover of the book Education and Youth Agency by Stefano Manacorda, Costantino Grasso
Cover of the book Progress in Ultrafast Intense Laser Science XI by Stefano Manacorda, Costantino Grasso
Cover of the book Deep Eutectic Solvents by Stefano Manacorda, Costantino Grasso
Cover of the book International Practice Theory by Stefano Manacorda, Costantino Grasso
Cover of the book HCI in Business, Government, and Organizations: eCommerce and Innovation by Stefano Manacorda, Costantino Grasso
Cover of the book The Emergence of Personal Data Protection as a Fundamental Right of the EU by Stefano Manacorda, Costantino Grasso
Cover of the book Critical Perspectives in Happiness Research by Stefano Manacorda, Costantino Grasso
Cover of the book Organic Optoelectronic Materials by Stefano Manacorda, Costantino Grasso
Cover of the book Investigating White-Collar Crime by Stefano Manacorda, Costantino Grasso
Cover of the book Mapping Spatial Relations, Their Perceptions and Dynamics by Stefano Manacorda, Costantino Grasso
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy