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Financial Flows and Tax Havens: Combining to Limit the Lives of Billions of People (Record no. 882)

000 -LEADER
fixed length control field 01213nam a22001337a 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Kar, D. [et al...]
245 ## - TITLE STATEMENT
Title Financial Flows and Tax Havens: Combining to Limit the Lives of Billions of People
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Washington, DC
Name of publisher Global Financial Integrity (GFI)
Year of publication 2015
300 ## - PHYSICAL DESCRIPTION
Number of Pages 136p.
520 ## - SUMMARY, ETC.
Summary, etc This report published by Global Financial Integrity reveals how developing countries have effectively served as net-creditors to the rest of the world with tax havens playing a major role in the flight of unrecorded capital. It reveals how developing countries lost about $16.3 trillion to leakages in the balance of payments, trade mis-invoicing, and recorded financial transfers between 1980 and 2012 .The report analyses how global financial flows impact developing countries through a detailed focus on the deleterious effects of offshore tax havens. It recommends curtailing illicit financial flows and tax havens in particular, would work to improve the effectiveness of macroeconomic policies and reduce inequality in developing countries.

650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term Illicit Wealth, Tax Havens, Inequality, Good Governance
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier iffoadatabase.trustafrica.org/iff/Financial_Flows-final.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Computer Files

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