The Spectre of Illicit Financial Flows: Undermining Justice
May 24th, 2018
Illicit finance generated through tricky structures and channels harm the development and growth of a country. The problem of illicit financial flows poses as the greatest development challenge in present times. In this policy paper, supported by the Financial Transparency Coalition, FTC member Centre for Budget and Governance Accountability examines the drivers of illicit financial flows, and the challenges of addressing them in the context of developing countries.
The report examines the drivers of IFFs, the role of international institutions in addressing the problem, and how developing countries must work together to counteract the devastating effects of illicit flows.