Purpose

The purpose of this paper is to readily bring to the fore, the vital dimension that the Bretton Woods Institutions, exemplified by both the International Monetary Fund (IMF) and the World Bank, has brought into the global economic template to dampen the momentum of corruption and money laundering through the impact of their activities in less developed countries (LDCs). The original mandate of the two institutions was to address the balance of payments and developmental issues of countries as a result of the devastating effects of the Second World War. However, this could not be achieved in an atmosphere engulfed with corruption and money laundering. As a result, it became necessary for them to intervene albeit through direct or indirect mechanisms demonstrated by the use of soft law bodies such as Basel Committee on Banking Supervisors (BCBS) and Financial Action Task Force (FATF).

Design/methodology/approach

This paper relies on primary legal documentations such as BCBS, FATF, articles of both IMF and World Bank to mention but a few in the analysis. The paper is doctrinal.

Findings

There is undoubtedly glaring indications that through the efforts of both IMF and the Bank, tremendous inroad has been made in LDCs in modulating the tempo of the malaise.

Research limitations/implications

This paper is addressed to the authorities that are concerned about the scourge of the malaise and the impact to pay more attention to the mechanisms of soft laws used by the Bretton Woods Institutions to get their anti-corruption message through in LDCs.

Originality/value

This lies on the fact that the efforts of both IMF and the Bank have awakened the importance that should be attached to some soft laws in curtailing the issues.

中文翻译：

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通过布雷顿森林机构调节腐败和洗钱：欠发达国家 (LDC) 的案例

目的

本文的目的是突出以国际货币基金组织 (IMF) 和世界银行为代表的布雷顿森林机构为抑制腐败势头而引入全球经济模板的重要方面以及通过其在欠发达国家 (LDC) 的活动的影响进行洗钱。由于第二次世界大战的破坏性影响，这两个机构的最初任务是解决各国的国际收支平衡和发展问题。然而，在腐败和洗钱充斥的氛围中，这无法实现。因此，

设计/方法/方法

本文依赖于 BCBS、FATF 等主要法律文件，以及 IMF 和世界银行的文章，在分析中仅提及少量。这篇论文是教义的。

发现

毫无疑问，有明显迹象表明，通过国际货币基金组织和世行的努力，最不发达国家在调节萎靡不振的节奏方面取得了巨大进展。

研究限制/影响

本文是针对那些关注萎靡不振和影响的当局，以更加关注布雷顿森林机构用来在最不发达国家传达反腐败信息的软法律机制。

原创性/价值

这是因为国际货币基金组织和世行的努力已经唤醒了在减少这些问题方面应该重视一些软法律的重要性。