April 18th, 2016
PRESS RELEASE NEW YORK CITY—As the fallout from the Panama Papers continues to unfold, the massive scale of illicit flows across the globe illustrates the need for an intergovernmental tax commission at the UN to tackle these problems in an equitable and effective way.
February 24th, 2016
What if every time you donated a dollar to help an impoverished community, two dollars left the very same place? Alarmingly, this isn’t far from the reality of the world economy. According to a report led by former South African President Thabo Mbeki on behalf of the UN Economic Commission of Africa (UNECA) High Level
January 28th, 2016
The 2016 African Union (AU) Summit is currently taking place in Addis Ababa, Ethiopia, which means we’re one year removed from the endorsement of the High Level Panel Report on Illicit Financial Flows by African Heads of State at last year’s AU Summit. This report, led by former South African President Thabo Mbeki, brought a heightened level of
December 9th, 2015
WASHINGTON, DC – Illicit financial flows from developing and emerging economies surged to US$1.1 trillion in 2013, according to a study released Wednesday by Global Financial Integrity (GFI), a Washington, DC-based research and advisory organization. Authored by GFI Chief Economist Dev Kar and GFI Junior Economist Joseph Spanjers, the report pegs cumulative illicit outflows from developing