01462nam a22001337a 4500 Raymond Baker, Christine Clough, Dev Kar, Brian LeBlanc,and Joshua Simmons Hiding in Plain Sight Trade Misinvoicing and the Impact of Revenue Loss in Ghana, Kenya, Mozambique, Tanzania, and Uganda: 2002-2011 Ghana: Global Financial Integrity, 2013. 72p Illicit flows of capital through developing countries due to trade misinvoicing is one of the most pressing challenges facing policymakers in these countries. The global figure for illicit financial outflows from developing countries is approximately $542 billion per year on average (over a 10-year time series), and trade misinvoicing makes up close to 80 percent of this or $424 billion.1 Capital flight, facilitated by a global network of secrecy jurisdictions and complex, opaque corporate and account structures, robs governments and societies of needed revenue for domestic investment in the private sector, infrastructure development, and the provision of vital social services. This translates into lost opportunities, lost jobs, and lost potential. Illicit Flows, Investment, Misinvoicing, Trade, Infrastructure, Transparency http://iffoadatabase.trustafrica.org/iff/hiding_in_plain_sight_trade_misinvoicing_and_the_impact_of_revenue_loss_in_ghana_kenya_mozambique_tanzania_and_uganda_2002_2011_report-final.pdf CF 236 236