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Article
Publication date: 11 January 2023

Sadia Nazar, Abdul Raheman and Muhammad Anwar ul Haq

This study aims to estimate the amount of money laundering (ML) with multiple proxy approaches and measure the effects of ML on various indicators of the economic and financial…

Abstract

Purpose

This study aims to estimate the amount of money laundering (ML) with multiple proxy approaches and measure the effects of ML on various indicators of the economic and financial sectors. Theoretical justifications are recruited from the parasite theory of organised crime.

Design/methodology/approach

A quantitative research methodology was used on a balanced panel data set to test the study’s hypothesis through generalised method of moment (GMM). The study sample consisted of 77 countries, and the data was collected for 15 years (2005–2019).

Findings

A study has found that 1.23% of global gross domestic product is laundered yearly, and there is no noticeable decline in ML activities. Further study has also found that ML has devastating effects on countries, government revenue, foreign investment, economic development, political and peace conditions, bank liquidity, interest rate volatility and exchange rate volatility. The study has not witnessed the negative consequence of ML on countries’ inflation rates.

Practical implications

Estimates of the study guide policymakers about the volume of resources fleeing and helps them to decide the level of response needed. Further findings help them prioritise the response system according to the area most affected.

Originality/value

This study is an original contribution by the authors and has studied the effects of ML by computing the amount of ML by four different proxies.

Details

Journal of Money Laundering Control, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 1368-5201

Keywords

Article
Publication date: 13 December 2018

Sadia Rashid, Tasawar Hayat, Sumaira Qayyum, Muhammad Ayub and Ahmed Alsaedi

The purpose of this study is to study flow caused by rotating frame. Effects of Darcy–Forchheimer and porous medium are considered to study velocity field. Concentration field is…

Abstract

Purpose

The purpose of this study is to study flow caused by rotating frame. Effects of Darcy–Forchheimer and porous medium are considered to study velocity field. Concentration field is discussed in presence of activation energy. Darcy–Forchheimer in a rotating frame is examined. Flow because of stretched sheet fills the porous space. Binary chemical reaction is entertained. Resulting system is numerically solved. The plots are arranged for rotational parameter, porosity parameter, coefficients of inertia, Prandtl number and Schmidt number. It is revealed that rotation on velocity has opposite effects when compared with temperature and concentration distributions. Skin friction coefficients and local Nusselt and Sherwood numbers are numerically discussed.

Design/methodology/approach

Darcy–Forchheimer in a rotating frame is examined. Flow because of stretched sheet fills the porous space. Binary chemical reaction is entertained. Resulting system is numerically solved. The plots are arranged for rotational parameter, porosity parameter, coefficients of inertia, Prandtl number and Schmidt number. It is revealed that rotation on velocity has opposite effects when compared with temperature and concentration distributions. Skin friction coefficients and local Nusselt and Sherwood numbers are numerically discussed.

Findings

The major findings here are as follows: an addition in porosity λ causes decay in velocity f′(η) while there is opposite behavior for temperature θ(η) and concentration ϕ(η) fields. θ and ϕ via β have similar results qualitatively. There is an opposite behavior of Pr on temperature and concentration. Inverse behavior of λ on ϕ and wall mass flux is noted. Concentration ϕ is decreasing function of reaction rate constant σ. Skin friction coefficient has similar qualitative results for λ and β. Temperature gradient −θ(0) is decreased by λ and β.

Originality/value

Here, the authors are interested to investigate rotating flow in a porous space. Dissipation and radiation effects are neglected. Effects of activation energy are studied. This work is not done yet in literature.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 29 no. 3
Type: Research Article
ISSN: 0961-5539

Keywords

Book part
Publication date: 11 December 2023

Muhammad Azeem

Pakistan had never been a place of serious and nuanced debate and contestation of politics of postcolonial critique, that is, the continuity of economic, political, and cultural…

Abstract

Pakistan had never been a place of serious and nuanced debate and contestation of politics of postcolonial critique, that is, the continuity of economic, political, and cultural dependency of newly independent countries (NICs) on ex-colonizers as pointed out by neocolonialism, dependency theory, and postcolonial theory, respectively. Instead, Pakistan is presented by extant liberal academic literature as a “failed nation” and a state dominated by the military and plagued by religious extremism. As opposed to this, through the literary and activists writings of Aziz-ul-Haq, this chapter will try to illustrate how cultural contestation of the nation-building project postindependence from British rule was a lot more complex and interesting in Pakistan. This was so because the nation-building project of Pakistan was, on the one hand, an amalgamation of Indo-Persian, Arab, Indian, and Western colonial and civilizational influences and, on the other hand, entailed suppression of resilient local and national cultures of its constituent nationalities developed over centuries. This was later expressed in ethno-nationalist politics. However, when it came to the politics of the marginalized in the late 1960s, there were important political, theoretical, and literary insights which caused a change in the direction of political practice in Pakistan, which paralleled the politics expressed by writers like Fanon and early Subaltern Studies influenced by the Naxal Movement in India. The contestation and confusion arising from this dialectic also entered Pakistan's literary and cultural sphere. This chapter not only tries to give a different postcolonial critique of the failure of nation-building project in Pakistan but, though at a preliminary level, is an attempt to separate the original postcolonial theory in its radical tradition from contemporary postmodern/poststructuralist postcolonial theory marked with pessimism and resignation.

Article
Publication date: 14 June 2021

LiJun Zhang, Tayyaba Nazar, M.M. Bhatti and Efstathios E. Michaelides

The flow and heat transfer of a hybrid nanofluid composed of kerosene and ZnO-Al2O3 nanoparticles (NPs) is investigated. The flow occurs over complex surfaces with stretching and…

Abstract

Purpose

The flow and heat transfer of a hybrid nanofluid composed of kerosene and ZnO-Al2O3 nanoparticles (NPs) is investigated. The flow occurs over complex surfaces with stretching and shrinking features. The base fluid is electrically conducting, and an external magnetic field is added so that the nanofluid and the electric field are in equilibrium. Irrotational flow with viscous dissipation effects is considered.

Design/methodology/approach

The governing equations of the system are formulated, and a similarity transformation is used to convert the system of equations into ordinary differential equations, which are solved numerically. The friction coefficient of the flow and the Nusselt number are calculated for a wide range of parameters, and the results are presented in graphical form. In addition, dual solutions of the problem were noticed to occur for a certain range of the unsteadiness parameter. A stability analysis has been performed and presented to elucidate the behavior of these dual solutions.

Findings

For the solution of the upper branch, the velocity and temperature profiles of the nanofluid are enhanced by increasing the magnetic field parameter M, but the same variables decrease in the solution of the lower branch. The same trend is detected for the velocity of the fluid with the suction parameter. The temperature of the nanofluid decreases in both branches of the solution by increasing the Prandtl number. Similarly, they decrease with the suction parameter. The temperature of the nanofluid slightly increases in both branches of the solution by increasing the Eckert number. With the stability analysis the authors performed, it was determined that the solution is stable in the upper branch, but unstable in the lower branch.

Originality/value

The kerosene nanofluid with hybrid Zinc/Aluminum-oxide is presented for the first time in the literature.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 32 no. 2
Type: Research Article
ISSN: 0961-5539

Keywords

Article
Publication date: 27 November 2018

Chandra Shekar Balla, C. Haritha, Kishan Naikoti and A.M. Rashad

The purpose of this paper is to investigate the bioconvection flow in a porous square cavity saturated with both oxytactic microorganism and nanofluids.

Abstract

Purpose

The purpose of this paper is to investigate the bioconvection flow in a porous square cavity saturated with both oxytactic microorganism and nanofluids.

Design/methodology/approach

The impacts of the effective parameters such as Rayleigh number, bioconvection number, Peclet number and thermophoretic force, Brownan motion and Lewis number reduces the flow strength in the cavity on the flow strength, oxygen density distribution, motile isoconcentrations and heat transfer performance are investigated using a finite volume approach.

Findings

The results obtained showed that the average Nusselt number is increased with Peclet number, Lewis number, Brownian motion and thermophoretic force. Also, the average Sherwood number increased with Brownian motion and Peclet number and decreased with thermophoretic force. It is concluded that the flow strength is pronounced with Rayleigh number, bioconvection number, Peclet number and thermophoretic force. Brownan motion and Lewis number reduce the flow strength in the cavity.

Originality/value

There is no published study in the literature about sensitivity analysis of Brownian motion and thermophoresis force effects on the bioconvection heat transfer in a square cavity filled by both nanofluid and oxytactic microorganisms.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 29 no. 4
Type: Research Article
ISSN: 0961-5539

Keywords

Article
Publication date: 19 November 2021

Nur Adilah Liyana Aladdin and Norfifah Bachok

This paper aims to explore on stagnation point flow of Ag-CuO/water over a horizontal stretching/shrinking cylinder by adding the effect of chemical reaction, B together with the…

Abstract

Purpose

This paper aims to explore on stagnation point flow of Ag-CuO/water over a horizontal stretching/shrinking cylinder by adding the effect of chemical reaction, B together with the magnetic field, M.

Design/methodology/approach

A set of reduced ordinary differential equations from the governing equations of partial differential equations is obtained through similarities requirements. The resulting equations are solved using bvp4c in MATLAB2019a. The impact of various physical parameters such as curvature parameter, ϒ, chemical reaction rate, B, magnetic field, M and Schmidt numbers, Sc on shear stress, f0 local heat flux, -θ(0) and mass transfer, -(0) also for velocity, f(η), temperature, θ(η) and concentration, ∅(η) profiles have been plotted and briefly discussed. In this work, some vital characteristics such as local skin friction, Cf, local Nusselt number, Nux and local Sherwood number, Shx are chosen for physical and numerical analysis.

Findings

The findings expose that the duality of solutions appears in a shrinking region ( ε < 0). The value of skin friction, heat transfer rate and mass transfer rate reduction for existing of M, but in contrary result obtain for larger ϒ, B and Sc. Furthermore, the hybrid nanofluid demonstrates better heat transfer compared to nanofluid.

Practical implications

The hybrid nanofluid has widened its applications such as in electronic cooling, manufacturing, automotive, heat exchanger, solar energy, heat pipes and biomedical, as their efficiency in the heat transfer field is better compared to nanofluid.

Originality/value

The findings on stagnation point flow of Ag-CuO/water over a horizontal stretching/shrinking cylinder with the effect of chemical reaction, B and magnetic field, M is new and the originality is preserved for the benefits of future researchers.

Details

International Journal of Numerical Methods for Heat & Fluid Flow, vol. 32 no. 2
Type: Research Article
ISSN: 0961-5539

Keywords

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