ABSTRACT
This chapter examines the five factors that contribute to Ukraine's prevalence of criminal economic activity: political, economic, administrative and organizational, social and psychological, legal and law enforcement. The loss of state organizational control over the economy, spurred by Ukraine's transitional period, has made it difficult for the government to implement effective measures to counteract the rise in economic crime. Four different questionnaires were developed concerning economic crimes, bribery, commerce, and privatization-related crimes. International banking circles, unlike those in Ukraine, employ certain measures to counteract corruption in the banking field. Legal factors in combating economic crime and corruption must above all involve improving legislation so that it provides a comprehensive system of countermeasures and reduces the conditions that breed such crime. Organized economic crime is testimony to the symbiosis of the criminal, business, and political worlds in Ukraine. Directors and staff of administrative and economic entities use state property, raw materials, labor, material, finished goods, and financial resources without supervision.
