Abstract:

The proceeds of crime, due to lack of sufficient levels of preventive measures find areas mostly in underdeveloped and developing countries and they are included in economic systems of these countries. Therefore, It can be said that the laundering of proceeds of crime affects developing countries compared with developed countries more in terms of economic and financial. In this study, the impacts of laundering proceeds of crime on underdeveloped and developing countries’ macroeconomics and financial systems were aimed to be brought out in light of the studies carried out in this area. Within the framework of performed reviews, it has been reached to the conclusions; laundering proceeds of crime has created instability on macroeconomics and financial systems of developing countries, reduced the effectiveness of the implemented monetary policies within the economy, caused to be encountered with low employment and low economic growth in the country’s economy and experienced income and welfare losses.

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