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Sanctions in the Field of Economic Criminal Law - Proceedings of the Meeting of Kristiansand, Kristiansand/Norway, 10th-13th September 1983

NCJ Number
Date Published
97 pages
Two major papers presented at the 1983 meeting of the International Penal and Penitentiary Foundation consider the new kinds of economic criminality confronting societies in the 20th century and the sanctions against such crime that have been and may be adopted. Eight shorter papers complement the two major papers.
The first major paper -- dealing with theory, history and current policy issues regarding economic crime -focuses on property crime, white-collar crime, corporate crime, transnational corporations, and the interface of the abuse of economic and political power. The discussion identifies the salient features of economic criminality, deemed to be characteristically international. Issues addressed include the scope and importance of white-collar crime, corporate responsibility for economic crime, the increasing role of the multinational and transnational corporations in technology transfer, abuses by these corporations, and nefarious alliances between private economic power and governmental political power. The second major paper focuses on sanctions for economic crime. After reviewing transnational policies on sanctions for economic crime, the author concludes that the question remains unanswered as to whether special sanctions are needed for economic and corporate crimes. Principles are offered for constructing sanctions for economic crime. Recommendations include using fines and confiscation of illicit profits for all cases, with the dissolution of companies being applied in the most serious cases. Complementary papers discuss (1) the range of sanction options for economic crime and (2) sanction policies of particular countries and the Council of Europe. Meeting participants are listed.