The purpose of this paper is to examine anti-money laundering and countering the financing of terrorism (AML/CFT) developments in Myanmar in light of its recent political and…
Abstract
Purpose
The purpose of this paper is to examine anti-money laundering and countering the financing of terrorism (AML/CFT) developments in Myanmar in light of its recent political and economic transition from military rule to a civilian, democratic government. This paper will discuss the changes in Myanmar’s AML/CFT frameworks, as well as international blacklisting and sanctions that have targeted Myanmar since the late 1990s. It also highlights issues that are likely to challenge Myanmar’s ability to ensure compliance with international best practices, especially as the local financial sector expands and foreign investment increases.
Design/methodology/approach
This paper draws on available literature and open source reporting.
Findings
This review is a timely update of Myanmar’s progress with its AML/CFT frameworks at a time that it is trying to encourage foreign investment and engagement and international businesses. But while Myanmar’s “opening” is seen by many as an opportunity, it still presents significant AML/CFT risks for investors because of a considerable lack of technical expertise, as well as financial and human resources to ensure compliance and enforcement occur.
Originality/value
Myanmar is a very under-researched area and has had minimal focus on its AML/CFT frameworks or the risks present in the economy. This paper will be a useful source for researchers, academics, policymakers, lawyers and private sector actors seeking to engage or invest in Myanmar’s economy.
Details
Keywords
The purpose of this paper is to examine Myanmar’s “hundi” system, an informal value transfer system used widely by local Myanmar citizens and offshore migrant workers to remit…
Abstract
Purpose
The purpose of this paper is to examine Myanmar’s “hundi” system, an informal value transfer system used widely by local Myanmar citizens and offshore migrant workers to remit money domestically and internationally. Due to historically stringent banking and foreign exchange controls and a lack of domestic and internationally linked financial services, the system grew to become the dominant medium for remittances in Myanmar. It also remains unregulated despite authorities acknowledging its use in criminal and terrorist activity. However, with an expanding and modernising financial sector, there is now increasing competition and challenges facing Myanmar’s hundi system.
Design/methodology/approach
This paper draws on available literature and open source reporting, as well as interviews with former Myanmar Police Force officials.
Findings
This study provides a unique insight into Myanmar’s hundi system, its history and the challenges it faces. The once dominant system remains a known anti-money laundering and countering the financing of terrorism (AML/CFT) risk and is having to compete with an expanding and modernising formal banking sector and the introduction of fintech and mobile money services. In the short term, these are unlikely to eliminate the hundi system completely, but may instead push hundi operators towards adopting these networks and technologies in their own operations.
Originality/value
Myanmar remains a very under-researched area and there has been a limited focus on its informal hundi remittance system and related AML/CFT issues. This paper will be a useful source for academics, development professionals, policymakers, law enforcement agencies and private sector actors seeking to understand Myanmar’s informal remittance system.
Details
Keywords
The paper discusses a partnership between Huston–Tillotson University (HT), a Historically Black College and University (HBCU) and the Austin Independent School District (AISD), a…
Abstract
Purpose
The paper discusses a partnership between Huston–Tillotson University (HT), a Historically Black College and University (HBCU) and the Austin Independent School District (AISD), a minority-serving school district, both in Austin, Texas, with a grant provided by Apple Inc. (Apple). The purpose of the partnerships is that valuable relationships can increase the number of African American male teachers in primary and secondary education in minority-serving public schools. The African American Male Teacher Initiative (AAMTI) at HT was created as an innovative approach to recruit and select 20 African American males each year of a four-year grant provided by Apple.
Design/methodology/approach
This paper reviewed the literature on the lack and need for African American male public school teachers. Once the data is established during a three-to-four-year period, a mixed-method approach will be utilized to examine data retrieved from interviews, surveys, demographics of student participants, numerical data and retention and graduation rates. This will establish whether strategic partnerships can successfully increase the number of qualified African American males in public education.
Findings
This paper proposes and provides research evidence that African American male teachers can positively impact all students in the classroom setting.
Research limitations/implications
There is limited data to test a hypothesis on the effectiveness of a partnership between the university and public school to increase the number of African American male teachers through recruitment – selection and retention efforts. Therefore, follow-up research is needed for the first graduating class of 2024.
Practical implications
The broader impact of this paper is to show that partnerships between universities and public schools with corporate sponsorship can positively increase the number of African American male teachers prepared to teach in public schools through strategic recruitment and selection efforts.
Social implications
This paper can serve as a model for universities and school districts to implement. High placement of prepared Black male teachers in public schools can reduce the school-to-prison pipeline and juvenile homicides and defeat generational poverty.
Originality/value
Much research highlights the problems associated with a lack of African American male teachers. This paper includes the challenges but offers a sound basis for practical solutions.
Details
Keywords
John Dixon and Rhys Dogan
Recently in this Journal, Cutting and Kouzmin postulated a three‐phase group decision‐making process. This paper demarcates, within that framework, a set of contending corporate…
Abstract
Recently in this Journal, Cutting and Kouzmin postulated a three‐phase group decision‐making process. This paper demarcates, within that framework, a set of contending corporate board decision‐making perceptions. It’s premise is that how directors determine how investigations should be conducted, evidence should be assessed, and the truth should be decided depends on their epistemological and ontological predisposition. The philosophy of the social sciences offers four contending epistemological and ontological lens used to describe, analyze, evaluate and judge their corporate world. Each is fundamentally flawed. What is needed, then, are reflexive and pluralized corporate governance structures and processes that can accommodate a variety of epistemological and ontological imperatives. The broad conclusion drawn is that good corporate governance requires directors to recognize the limitations of their understanding of corporate governance reality, to treat all truth claims skeptically, and never to resort to self‐deception or self‐delusion just to avoid unpleasant corporate governance truths.
Details
Keywords
Dr. F. J. H. COUTTS'S report to the Local Government Board on an inquiry as to condensed milks, with special reference to their use as infants' foods, has been issued as No 56 of…
Abstract
Dr. F. J. H. COUTTS'S report to the Local Government Board on an inquiry as to condensed milks, with special reference to their use as infants' foods, has been issued as No 56 of the new series of reports on public health and medical subjects.
Eating disorders have long been perceived to occur primarily in women; few disorders in general medicine or psychiatry exhibit such a skew in gender distribution. Men and women…
Abstract
Eating disorders have long been perceived to occur primarily in women; few disorders in general medicine or psychiatry exhibit such a skew in gender distribution. Men and women with eating disorders share common risk factors and exhibit some overlap in clinical presentation, but important differences do exist. Determining which factors best explain these differences remain uncertain. Furthermore, despite a marked increase in the incidence of anorexia nervosa and bulimia nervosa in women over the last 50 years, the awareness of eating disorders in men remains low. This is in spite of the fact that men represent 10‐20% of cases of anorexia nervosa and bulimia nervosa and up to 40% of cases of binge eating disorder. Similarly, recent research has focused on the assumption and stereotype that eating disorders in men are associated with homosexuality, when male body image objectification and body dissatisfaction are also widespread in younger heterosexual men who are being increasingly confronted with the same impossible body image ideals that already challenge women and gay men. The stigma of being a man with an eating disorder continues, and we persist in attempting to fit men with eating disorders into a theoretical and clinical framework largely focused on the physical, psychological, and emotional development of women. This article reviews the literature on eating disorders in men and explores the factors that may explain this gender discrepancy.
Details
Keywords
John Dixon and Rhys Dogan
This paper draws on the philosophy of social sciences to develop a framework that permits a critical analysis of management practice. It uses this framework to construct a…
Abstract
This paper draws on the philosophy of social sciences to develop a framework that permits a critical analysis of management practice. It uses this framework to construct a taxonomy that enables the identification of the competing philosophical paradigms that underpin contending perspectives on what constitutes “good” management practice, so enabling the articulation of their salient risks and thus their fundamental philosophical flaws. It then proposes the requirements for a philosophically coherent approach to management. Thereon, the implications for management development are explicated.
Details
Keywords
Richard L. Wood and Mark R. Warren
Questions whether, in the USA, faith‐based communities can have an important effect on politics. Contends that other areas, where there are poorer communities, are more likely to…
Abstract
Questions whether, in the USA, faith‐based communities can have an important effect on politics. Contends that other areas, where there are poorer communities, are more likely to be influenced politically in civil society although does not preclude other income sectors from being similarly affected just that deprived areas are more likely to listen to faith‐based organizers.
Details
Keywords
Before the appearance of our next issue, the Annual Meeting of the Library Association will have taken place. In many ways, as indicated last month, it will be an interesting…
Abstract
Before the appearance of our next issue, the Annual Meeting of the Library Association will have taken place. In many ways, as indicated last month, it will be an interesting meeting, largely because it is in the nature of an experiment. International conditions, the state of national and municipal finance, the absence of library workers with the colours, and the omission of social events, all tend to influence its character. It is possible, however, that these very circumstances may increase the interest in the actual conference business, especially as the programme bears largely upon the War. The programme itself is formidable, and it will be interesting to see how the section on the literature of the war, for example, will be treated. Probably the Publications' Committee have in mind the book symposia which are a feature of the meetings of various library associations in the United States. These consist of a few minutes' characterisation, by an opener, of a certain book or type of literature, and a discussion after it. The experiment was attempted in London last year at one of the monthly meetings, but owing to a misapprehension the speaker gave an excellent lecture on Francis Thompson of more than an hour's duration, when he had been expected to give a brief description of Francis Meynell's biography of that poet. If any gatherings for a similar purpose are arranged, we hope the speakers will be primed sufficiently to avoid that error. As for social events, their omission is less likely to be felt in London than anywhere else in the Kingdom. London is a perennial source of social amusement in itself, and the evenings can readily be filled there—“chacun à son goût”—really better than by attending pre‐arranged gatherings.
Can we broaden the boundaries of the history of economic thought to include positionalities articulated by grassroots movements? Following Keynes’s famous remark from General…
Abstract
Can we broaden the boundaries of the history of economic thought to include positionalities articulated by grassroots movements? Following Keynes’s famous remark from General Theory that ‘practical men […] are usually the slaves of some defunct economist,’ we might be wont to dismiss such a push from below. While it is sometimes true that grassroots movements channel preexisting economic thought, I wish to argue that grassroots economic thought can also precede developments subsequently elaborated by economists. This paper considers such a case: by women at the intersection of the women’s liberation movement and the claimants’ unions movement in 1970s Britain. Oral historical and archival work on these working-class women and on achievements such as their succeeding to establish unconditional basic income as an official demand of the British Women’s Liberation Movement forms the springboard for my reconstruction of the grassroots feminist economic thought underpinning the women’s basic income demand. I hope to demonstrate, firstly, how this was a prefiguration of ideas later developed by feminist economists and philosophers; secondly, how unique it was for its time and a consequence of the intersectionality of class, gender, race, and dis/ability. Thirdly, I should like to suggest that bringing into the fold this particular grassroots feminist economic thought on basic income would widen the mainstream understanding and historiography of the idea of basic income. Lastly, I hope to make the point that, within the history of economic thought, grassroots economic thought ought to be heeded far more than it currently is.