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This study aims to measure the impact of the Non-Cooperative Countries and Territories, Organization for Economic Cooperation and Development and US PATRIOT Act Section 311 blacklists on external deposits from blacklisted jurisdictions into BIS reporting countries in 1996–2008, a period when anti-money laundering-related actions were consistently less stringent than post-2010, to see whether they had an effect even absent the threat of sizable financial fines.

The study uses descriptive statistics and bivariate and multivariate regressions to analyze the probable impact from blacklists on non-bank external deposits. The country sample is divided into offshore financial centers (OFCs) and non-OFCs and includes 158 non-listed countries. The impact of the blacklists is tested both jointly and individually for the respective blacklists.

The authors find mixed impact from jurisdictions being blacklisted on the growth rate of stocks of deposits into BIS reporting countries. Effects are often zero, negative in several cases and positive in some cases. This is consistent with the “stigma effect” and the “stigma paradox” in the literature. An overall impact from blacklisting is difficult to discern. Different blacklists had different effects, and the same blacklist impacted countries differently, illustrating the importance of disaggregating the analysis by individual countries.

Interpretation of these data is limited by the absence of comparable data on non-resident deposits in blacklisted jurisdictions.

The impact of a blacklist depends in part on the structure of the listed jurisdictions’ economies, implying that country-specific sanctions may be more effective than blacklists.

This is one of the very few papers to date to rigorously test the impact of blacklists on external deposits.

The purpose of this paper is to provide an overview of anti‐money laundering (AML) efforts and high‐risk sectors in Georgia, and explain changes in this field over time.

This case‐study draws on a political economy‐approach, based on the argument that “political will” provides the best explanation for the quality of AML efforts in transitional economies, as opposed to “technical assistance” or the sophistication of the domestic financial system.

The study finds that AML efforts have drastically improved in Georgia following the Rose Revolution, even though significant high‐risk sectors remain and a certain tendency towards “selective implementation” of AML regulations can be detected.

Implies that the “political will” of the ruling elite and the promotion thereof should be increasingly incorporated into research on AML, especially as regards explaining the quality of implementation and enforcement of existing laws.

Implies that technical peer evaluations resulting in “naming and shaming” of jurisdictions that do not live up to international AML standards may not in and by themselves be enough to further efficient implementation, but need to be complemented by policies creating incentives for the domestic political elite to encourage de facto implementation of de jure regulations.

Provides the first comprehensive overview of AML efforts in Georgia and points to important explanatory factors underlying changes in this field.

Recent empirical and theoretical developments related to the microprocesses of institutional logics have helped to cultivate a powerful theory of agency. We build on these developments to show how the institutional logics perspective can shed light on important questions related to frame construction and how institutions matter. In particular, we show how the emergence of an economic democracy frame in post-war Sweden generated different efforts to define that frame with concrete ideas and practices linked to different logics – socialism and neoliberalism. We show how socialists tried to define economic democracy as requiring a radical transformation in the nature of ownership and control embedded in the innovative financial practice of wage earner’s funds. In contradistinction, conservatives drew on neoliberal ideas and extant mutual fund practices to construct alternative meanings and practices related to economic democracy that enrolled citizens in Capitalism without challenging extant Capitalist ownership structures. While mutual funds and wage earner’s funds initially existed in a state of parabiosis – existing side by side without much interrelationship – struggles over the meaning of economic democracy led these practices to become competing solutions in a framing contest. Implications for the study of institutional logics, frames and the social organization of society are discussed.

As surely as night follows day, the internationalisation of securities fraud has followed the internationalisation of the world's securities markets. As a result, the US Securities and Exchange Commission has had to develop new investigative and enforcement tools. If a boiler room operator in another country defrauds investors in the US by means of the Internet, the telephone or the mails, the SEC's ability to investigate the activities in the foreign country depends on its ability to obtain information and documents from persons it is able to assert jurisdiction over in the US, or to obtain assistance of its foreign counterparts.

The existing literature on Islamic State of Iraq and Syria (ISIS) has thus far focused on the group’s contemporary or previous financing activities. However, there has not been an analysis of the ways in which ISIS’ funding is likely to change moving forward now that it has come under international scrutiny. The purpose of this paper is to assess the ways in which ISIS’ funding is likely to evolve in the future and to also suggest methods for combating its financing activities.

The paper is theoretical in nature. By assessing the existing literature on terrorist financing, it is apparent that terrorist organizations alter their funding sources and methods after coming under intense international scrutiny. Therefore, two hypotheses are put forth for the future of ISIS’ funding activities: the group will become more effective at building social support among its local population, thereby consolidating is funding sources and methods within Syria and Iraq; and the group will increasingly branch out, searching for sources from a transnational network, as its base in Syria and Iraq begins to deteriorate.

Community support is essential for sustaining a terrorist network. As a result, it is likely that ISIS will increasingly seek funding from a transnational network as its base of support in Iraq and Syria begins to deteriorate. There is also a distinct third possibility that the group will be able to consolidate its base while also moving abroad for financial support. This third option presents the most complicated outcome for the international community in its fight against ISIS.

This study fills a gap in the literature on terrorist financing, particularly with regards to ISIS, to assist the international community in its fight against the group both now and moving into the future.

The purpose of this paper is to identify and investigate non-technical barriers for smart services in the capital goods industry.

A multiple methodology approach is adopted. First, qualitative workshops and interviews were conducted with 14 experts from five companies. The findings generated subsequently provided a basis for a large-scale quantitative survey of manufacturing company service representatives in the capital goods industry, the data from which were analyzed using explorative factor analysis.

In total, 25 items that represent barriers to smart service businesses were identified, using qualitative research. Large-scale quantitative research revealed 24 items structured into four factors. Additionally, the respondents’ assessment of the individual barriers’ impact on their smart service businesses is presented.

The study focuses on manufacturing companies in the capital goods industry, mainly, in the European countries. Caution should be exercised in seeking to generalize the results to other industries. The findings should be confirmed with subsequent confirmatory analyses using additional data.

The authors’ findings provide a comprehensive list and classification of barriers, as well as an assessment of their severity, serving as a practical guideline for managers.

This paper explores the barriers to smart services from a provider’s perspective. Its holistic approach and use of large-scale quantitative data qualify it as one of the first studies of this kind.

Engagement in meaningful occupations and being included as full citizens of the community, is essential in everyday life, and may be of considerable relevance for recovery and quality of life. However, persons with co-occurring substance use and mental health problems experience extensive obstacles to engagement in occupations and citizenship. The relationship between objective measures of occupational status and subjective experiences of occupational meaningfulness, citizenship and recovery, is scarcely researched in the context of co-occurring problems. As such, the purpose of this study is to examine associations between occupational status, occupational meaningfulness, citizenship and recovery and quality of life and to examine the roles of occupational meaningfulness and citizenship as possible mediators between occupational status and recovery and quality of life.

The study used a cross-sectional design with a sample of 104 residents at supported housing sites across six Norwegian cities.

Linear regression analyzes indicated that occupational status was significantly associated with the citizenship domains caring for others and community participation and with the quality of life measure positive affect. Occupational meaningfulness and citizenship were significantly associated with different domains of recovery and quality of life. Furthermore, mediation analyzes showed that the relationship between occupational status and recovery and quality of life was mediated by caring for others and community participation.

The results suggest that emphasizing opportunities for occupational meaningfulness and citizenship in practice may have positive implications for recovery among persons with co-occurring problems.

This double volume presents a collection of 23 papers on how institutions matter to socio-economic life. The papers delve deeply into the practical impact an institutional approach enables, as well as how such research has the potential to influence policies relevant to critical institutional changes unfolding in the world today. In Volume 48A, the focus is on the micro foundations of institutional impacts. In Volume 48B, the focus is on the macro consequences of institutional arrangements. Our introduction provides an overview to the two volumes, identifies points of contact between the papers, and briefly summarizes each contribution. We close by noting avenues for future research on how institutions matter. Overall, the volumes provide a cross-section of cutting edge institutional thought and empirical research, highlighting a variety of fruitful directions for knowledge accumulation and development.

The 2030 Agenda provides the normative framework for much contemporary thinking on sustainable tourism. This viewpoint paper aims to discuss the inherently political nature of the sustainable development goals (SDGs) and the implications for tourism and sustainability.

This is a paper that highlights the political dimensions of positioning tourism within the SDGs.

This paper highlights continuing challenges in the broader politics of sustainable development in terms of the development of the 2030 Agenda and its implementation. It finds that the SDGs function as a form of metagovernance for sustainable development and sustainable tourism in particular.

This paper reinforces the importance of understanding the politics of the 2030 Agenda by locating sustainable tourism and the SDGs in the broader political context and the significance of metagovernance. In so doing, this paper contributes to continued theoretical debates on the framing of sustainable tourism that are key to understanding the politics of sustainable development and the winners and losers in the politics of tourism.

《2030议程》为关于可持续旅游业的许多当代思考提供了规范的框架。 该观点论文讨论了可持续发展目标（SDGs）固有的政治属性以及对旅游业和可持续性的影响。

本文强调了在可持续发展目标中定位旅游业的政治维度。

本文强调了在制定《2030议程》及其实施层面, 可持续发展会在更广泛的政治维度遇到持续的挑战。它还强调了可持续发展目标在可持续发展和可持续旅游业方面作为一种元治理形式的作用。

本文通过将可持续旅游业置于更广泛的政治背景下, 强化了理解《2030议程》的政治和元治理的重要性。通过这种方式, 本文在关于构建可持续旅游业框架、持续性理论辩论的问题上做出贡献, 这些问题对于理解可持续发展政治以及旅游政治中赢家和输家至关重要。

la Agenda 2030 constituye el marco normativo para gran parte del pensamiento contemporáneo sobre el turismo sostenible. Este artículo de opinión analiza la naturaleza intrínsecamente política de los ODS y sus implicaciones para el turismo y la sostenibilidad. 

este artículo destaca las dimensiones políticas del posicionamiento del turismo dentro de los ODS.

este artículo pone de relieve los continuos desafíos en la política más amplia del desarrollo sostenible en términos de la evolución de la Agenda 2030 y su implementación. Destaca que los ODS funcionan como una forma de metagobernanza, en particular, para el desarrollo y el turismo sostenibles.

este artículo refuerza la importancia de comprender las políticas de la Agenda 2030 al situar el turismo sostenible y los ODS en un contexto político más amplio y la importancia de la metagobernanza. Al hacerlo, este artículo contribuye a los continuos debates teóricos sobre el marco del turismo sostenible que son clave para comprender las políticas del desarrollo sostenible, y los ganadores y los perdedores en las políticas de turismo.

The circumstances for the emergence of new ideas in organizational theory have previously been explored from several viewpoints. Researchers trace the origins of new ideas to previous literature or compare ideas across continents and countries. The author takes another point of departure. Following Merton (1957, 1963), she focuses on “multiple discoveries” in science, studying the independent, simultaneous (re-)discovery of certain aspects of institutional theory in organizational theory. Specifically, she follows the circumstances under which two pairs of researchers proffered similar explanations for the phenomena they encountered (Jönsson & Lundin, 1977; Meyer & Rowan, 1977). Without ever having met, they suggested an analogous way of understanding the concept of organizing, though their research used different frames of reference and field material and was published in different outlets. The author’s analysis of the circumstances surrounding the two papers led her to explore elements in the emergence of new ideas: the Zeitgeist – the spirit of the times – international networks, and collegial work. When these factors are in play, physical meetings do not seem to be required, but scholars must be involved in networks in which their colleagues provide judgment and advice.