Skip to main content
(Alex Williamson/Getty Images)

The Kleptocracy Curse: Rethinking Containment

Ben Judah

Preface
The United States needs to start paying attention to what has happened to the world economy. Gigantic sums of money are now traveling the world incognito. This has turned globalization into the golden age of money laundering. Nestling in Western economies are offshore financial structures (and their professional enablers) which allow funds to instantaneously and anonymously jump between countries, empowering authoritarians and corrupting Western institutions. This now presents a growing national security threat.

Across the world, money laundering on an epidemic scale is undermining American foreign policy: crippling development, threatening democracy, damaging Western soft power and fueling state collapse. Across the West, this staggering flow of illicit funds has turned authoritarian kleptocrats into powerful players increasingly able to wield power inside Western institutions and game them to their own ends. There is only one way to block the illicit flows that empower kleptocrats and undermine democracy: Ending anonymous shell companies must become a national security priority for the U.S.

View PDF

Related Articles

Russia Vows "Harsh Response" to New U.S. Sanctions on Putin Allies

Nate Sibley & Ben Judah

On April 6th, Nate Sibley and Ben Judah appeared on a CNN Situation Report story on potential Russian responses to sanctions on Putin allies iframe#1...

Watch Now

Countering Russian Kleptocracy

Ben Judah & Nate Sibley

The CIA, FBI, NSA, and DNI all agree “with high confidence” that Russia interfered in the 2016 U.S. presidential election...

View PDF

A U.S. Battlefield Victory Against Russia’s “Little Green Men”

Tod Lindberg

Americans drove back an advance by mercenaries. The next one ended almost as soon as it began...

Continue Reading