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Illicit Flows in the Poorest of Places

by Cardamone, T.
Published by : Global Financial Integrity ( Washington, DC) Physical details: 3p. Year: 2015
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Over the past year or so, Global Financial Integrity has begun to hear—in various venues and by various people—the warning to audiences that they shouldn’t “focus on the big number.” A trillion dollars is a global number, these observers say, and can’t be used to assess the impact at the country level. Or, they contend, the trillion dollars in IFFs is from a cluster of emerging market countries and therefore is skewed to make it look as though all developing countries have huge problems when really only a few do. GFI decided to go back to the data to see if the criticisms were accurate.

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