Adam Smith, with “An Inquiry into the Nature and Causes of the Wealth of Nations” published in 1776 is unanimously hailed as the founder of economics as a social science and also of “economic liberalism” or “capitalism” as it is called to contrast it with “socialism”, the latter propagated by K. Marx at a later date.

The group of economists that followed A.Smith, including such notable names as D.Ricardo, N.W.Senior, John Stuart Mill, culminating in Alfred Marshall (1890: Principles of Economics) is called the “Classical School” or alternately the “Manchester School” to refer to their place of origin. Their macroeconomic system is called the “Classical System”. Having accepted the Malthusian law of population (T.Robert Malthus: 1798 Essays on the Principle of Population) D. Ricardo had come up with a model in which growth eventually comes to a halt, moving to that point, however, all along at full employment equilibrium.This was also in line with the views of Adam Smith. Marshall had introduced the concept of elasticities and used the partial method of analysis. In contrast, Leon Walras, in his “Eléments d’Economie Pure ou Theorie de La Richesse Sociale” used the general equilibrium approach to prove that the economy arrives automatically to full employment equilibrium, following Adam Smith and the Classical School.

This book offers a summary of the basic views and conclusions of Adam Smith concerning economic regime, as is also followed by the rest of the members of the Classical School: In a milieu of perfect competition prevailing in all the markets or sectors of the economy, including the labor market, full employment equilibrium will be achieved automatically. This equilibrium will, therefore, also maximize the welfare of the workers because the market wage rate, with no intrusions from the government or the unions, will have ensured full employment. Hence, there is no need for interventionism, that is, for the state to intervene prices, wages, channeling of investments and economic decisions in general.

The book “Money laundering phenomenon – foundations, trends, impact and governance in banking industry” explores foundation, models (methods) to measure money laundering, trends, auditing Anti-Money Laundering structures in banking industry, AML risk assessment, impact/effects of money laundering, governance, and regulatory point of view.

The book includes some models that have been used to measure the amount of money laundering, respectively the effect of money laundering in various macroeconomic variables such as economic growth, consumption, investment, government expenditure, export and import. Moreover, there are presented some trends that may dominate in the AML field for coming years.

The strengthening of international cooperation in the field of anti-money laundering have given power to international organisations to recommend mitigating measures, standards and principles and applying them in practise, this is why in the book a special chapter is dedicated to international bodies and organisations to fight money laundering phenomenon.

Due to high importance of the AML risk assessment, as a risk management mechanism framework, a specific chapter is dedicated to it.

A special attention is dedicated to the auditing of AML structures in banking and the role of audit in general to AML field.

Last, but not least, in the book a chapter is dedicated to determinants of informal economy, since money laundering and informal economy are interconnected and needs to be studied as one of the challenges for countries.

We believe our book contributes to current literature on money laundering phenomena and that it is important for bankers, policy makers, strategists, academics, and students.

Sizin işletmeniz / örgütünüz için hangi metodolojinin doğru olduğunu nasıl belirleyebilirsiniz? Özellikle üretim faaliyetlerini geliştirmek isteyen işletmelerde standart soru şu: Yalın, Toplam Kalite Yönetimi (TKY), Altı Sigma, Çevik, Esnek, Tepkisel, Kısıtlar Teorisi, Taguchi, Tersine Mühendislik ve diğer tüm öngörülen iyileştirme programları arasındaki farklar nelerdir? Bu sorunun altında “çözümler” ormanında mantıklı bir gezinmenin yolunu bulmaya ihtiyaç var ve tam olarak size uyan birini seçmeniz gerekmektedir. Çünkü oyalanarak zaman kaybetmeyi, katma değer sağlamayacak faaliyetlere kaynak tüketmeyi kaldıramayacak bir rekabet ortamı söz konusu.

Üretim yönetiminde kullanılan yaklaşımlar uzun bir liste oluşturabilir. Paradigma sıfatı ile eşleştirdiğimizde ise durum değişmektedir. Paradigma üzerine yapılan açıklamalar ile düşünüldüğünde Toplam Kalite Yönetimi, Yalın, Altı Sigma ve Kısıtlar Teorisinin etki düzeylerinin ve etki alanlarının yüksek olduğu ve işletmeciliğe yeni bir bakış açısı sundukları görülmektedir. Ve yaklaşık yarım asra yakın bir zamandır, halen bilinirlikleri devam etmektedir. En temel düzeyden başlarsak tüm bu metodolojilerin temel amaçları noktasında hemen bir ayrışmanın olduğu görülmektedir. Örneğin; Altı Sigma tutarlılığı sağlamada sürekliliği hedeflerken, Kısıtlar Teorisi iş hacmini arttırmayı öncelemektedir. Yalın değer üzerinden şekillenir ve müşteriye değer sunmayı amaçlar. Toplam Kalite Yönetimi ise akla gelen her alanda kaliteyi hedefler. İşletmelerin istediği para kazanmaya giden yolda hangisi ya da hangileri daha parlak sonuçlar vermektedir? Neden farklı öncelikleri var? Yoksa formül hepsinin entegrasyonunda mı gizli?