Group Says Venezuela Lost 10% Of GDP In 2008 To Illicit Outflow

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.

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