LOVELL FERNANDEZ MEMORIAL LECTURE: THE GLOBAL SHADOW ECONOMY 23 FEBRUARY 2023

Abstract

Ladies and Gentlemen, dear friends and colleagues, it is a great honour for me to deliver this Lovell D. Fernandez Memorial Lecture. Lovell is alive in our memory. We remember him as an inspired teacher and as a warm-hearted person.
He personified the dramatic transition South Africa underwent: Lovell was born and brought up in the times of Apartheid. He had the stamina to survive in a difficult academic environment and he has given a lot to those who were fortunate to be born after Apartheid.
From his interest in transitional justice, he turned to economic crime. He realised that corruption and related money laundering were amongst the major challenges for economies in the Global South, including South Africa. I am personally very happy that Lovell invited me to teach at the University of Western Cape. For us (Kathrin and I) this course in South Africa is one of the highlights of the year.