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Downloads tagged: stolen assets « Downloads
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- How to Apply PtP to Stolen or Stranded Assets (PtP How-To Booklet no. 1, 12.2017)
PtP How-To Booklet no. 1 | Aaron Bornstein and Lester M. Salamon.
This booklet, like the others in this series, is designed to acquaint citizens with how the PtP concept can be effectively and usefully applied to one particularly huge asset class—stolen or stranded assets or assets resulting from cases of corporate negligence or misdeeds. To do so, the booklet first explains how such assets come into existence, what their known scale is at present and what it is likely to be in the foreseeable future, why their restitution becomes a matter for government decision, and what difficulties have arisen in the restitution process. It then looks at how PtP can overcome the obstacles and dilemmas that restitution of such assets often encounters and the win-win outcomes that can result for governments, businesses, and the citizens from whom such assets are often taken or who are often the victims of the crimes for which the penalties are imposed.
- Philanthropication thru Privatization Concept note
This Concept note describes the Philanthropication thru Privatizations Initiative (PtP), a joint effort between Center Director Lester Salamon, the East-West Management Institute (EWMI), and an international team of associates to identify and highlight the numerous past examples of the ongoing "Philathropication thru Privatization" phenomenon and to use the resulting evidence to promote a strategy for convincing parties to privatization sales to devote at least a portion of the proceeds to the creation of charitable foundations.
- Where Should All the Stolen Money Go? (TWFR, March/April 2020)
The World Financial Review, March/April 2020 | Lester M. Salamon. Published in the March/April issue of The World Financial Review, this article by Center Director Dr. Lester Salamon notes that past experience with the return of stolen assets to governments has too often led to disappointing results and urges consideration instead of applying the PtP concept, which calls for the placement of such assets into carefully structured, private charitable foundations as exemplified in the BOTA Foundation in Kazakhstan and many other foundations around the world.