Financial Transparency Coalition

In December 2008, Global Financial Integrity (GFI) published a report entitled Illicit Financial Flows from Developing Countries: 2002-2006 (referred to as the 2008 IFF report). The 2010 IFF report is an update of the first with the added value of a focus on Asia. This study analyzes outflows from Asia in somewhat greater depth with particular reference to outflows from the top five Asian exporters of illicit capital. In response to several requests for more up-to-date analysis of illicit flows, the present update also estimates the volume and pattern of illicit flows in 2009 based on macroeconomic projections and...

Tax is the foundation of all civilisations. The act of tracing tax policies and practices reveals the history of the relationship between the ruler and the ruled, state and citizen. In Africa this relationship can be traced back over millennia. For instance, Egypt’s famed Rosetta Stone, created in 196 BC during the Ptolemaic era, was an agreement granting a tax exemption to priests, and certain reductions to the military and other ruling classes, including traders approved by the king. it was an early example of the special privileges that continue to proliferate across the continent.

If poor countries are to break away from the clutches of poverty, it is important that the aid they currently receive from the international community is disbursed and used in the most effective ways possible. The European Network on Debt and Development (Eurodad) and the Uganda National Non-Governmental Organisations Forum (UNNGOF) have identifiedpublic procurement and aid agency procurement as key areas where progress can be made to render aid more effective.

The official document released by world leaders following the 2010 G20 Summit in Seoul, Korea.