... of money Underground economy Gold trade UAE C22 E41 K42 Money laundering (ML) is not a new phenomenon. It is generally regarded as the process of moving, disguising and integrating the proceeds of illicit activities (including drug and human trafficking, grand corruption, tax evasion...

... ; Pietschmann and Walker, 2011 ; Schneider, 2007 ; Tanzi, 1997 ; Teichmann, 2020 a; Unger, 2007 ; Walker, 1999 ; Zdanowicz, 2005). Money laundering Currency demand approach ARDL the UAE C22 E41 K42 Despite the numerous efforts in quantifying the magnitude of ML from different...

... laundering in developing countries. The findings help developing countries’ governments formulate policies and curb the growing demand for money laundering. E26 H26 E41 Noman Arshed can be contacted at: noman.arshed@umt.edu.pk © 2021 Emerald Publishing Limited 2021 Emerald Publishing...