Group Says Venezuela Lost 10% Of GDP In 2008 To Illicit Outflow
October 13th, 2010
October 13th, 2010
Wall Street Journal (blog)
By Samuel Rubenfeld
Venezuela lost $33 billion, or 10% of gross domestic product, in 2008 alone to illicit financial outflows, according to estimates from a forthcoming report from research group Global Financial Integrity.
The group ties those outflows to censorship, saying that has helped shroud corruption.