Fighting ''Dirty Money'' and Illicit Financial Flows to Reduce Poverty
- USA The World Bank Group 2014
- 6p.
With an estimated US$20 billion to $40 billion stolen from developing countries each year, the theft of those resources undermines economic growth and denies public services to those who need them most.This briefing outlines efforts by the World Bank’s effort to combat corruption and illicit financial flows thought the focus of its Stolen Asset Recovery (StAR) Initiative and its Financial Market Integrity (FMI) teams. StAR and FMI have intensified their activities to help developing countries regain their legitimate assets