Illicit Financial Flows from Developing Countries: 2003-2012 [Executive Summary]

Publisher:
Global Financial Integrity
Publication Date:
15 December 2014
Tags:
Africa, Corruption, Economy, Business and Finance

This December 2014 report from Global Financial Integrity, "Illicit Financial Flows from the Developing World: 2003-2012," finds that developing and emerging economies lost US$6.6 trillion in illicit financial flows from 2003 through 2012, with illicit outflows increasing at an staggering average rate of 9.4 percent per year-roughly twice as fast as global GDP. The full report can be download here.

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