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Dirty Development Money (Record no. 245)

000 -LEADER
fixed length control field 01505nam a22001217a 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Lomborg, Bjørn
245 ## - TITLE STATEMENT
Title Dirty Development Money
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Copenhagen
Name of publisher Project Syndicate
Year of publication 2014
520 ## - SUMMARY, ETC.
Summary, etc The articles focus on IFF in developing countries and the major causes thereof. One of the biggest problems affecting the world’s poor is one that few have ever heard about: illicit financial flows. Though such flows cost people in Djibouti, Congo, and Chad more than one-fifth of their incomes every year, they almost never make headlines. With the world preparing to establish the specific targets that will guide global development efforts for the next 15 years, this is the appropriate time to deal with IFFs.One recommendation – curbing illicit financial flows – was unexpected as one of the steps. Legal mechanism for such financial flows includes tax avoidance. Though it is not a criminal offense, tax avoidance attracts widespread criticism –Unfortunately, the existing framework for preventing money laundering does not offer an encouraging precedent. Though it is universally accepted and enforced in most countries, money laundering remains rampant.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term FAKING TRANSACTIONS, ILLICIT WEALTH, MONEY LAUNDERING, NATURAL RESOURCES, OVERPRICING, OFFSHORE, PRIVATE CAPITAL, SMUGGLING, CAPITAL FLIGHT, CAPITAL OUTFLOW, CORRUPTION, CUSTOMS, TAX EVASION, TAX HAVENS, TRANSFER PRICING
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier http://iffoadatabase.trustafrica.org/iff/dirty_development_money.docx
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type News Articles

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