01862nam a22001337a 4500100008300000245008300083260009800166300000900264520124800273650007301521856011401594942000701708999001301715 aUNITED NATIONS, ECONOMIC AND SOCIAL COUNCIL and ECONOMIC COMMISSION FOR AFRICA aProgress report of the High-level Panel on Illicit Financial Flows from Africa aNew York: bUNITED NATIONS ECONOMIC AND SOCIAL COUNCIL ECONOMIC COMMISSION FOR AFRICA,c2014. a13p. aThe reports tackles the UN delegated panel’s findings on the theme: Industrialization for inclusive and transformative development in Africa .In its terms of reference, the Panel was called upon to: determine the nature and patterns of illicit financial outflows from Africa; establish the level of illicit financial outflows from the continent;assess the complex and long-term implications of illicit financial flows for development; raise awareness among African governments, citizens and international development partners of the scale and effect of such financial outflows on development; propose policies and mobilize support for practices that would reverse such illicit financial outflows. The Panel expects to finalize its report by July 2014. It is, however, submitting the present progress report to the Conference of Ministers in order to indicate the progress achieved thus far and highlight some of the emerging issues that require attention. The report is also intended to provide a basis for consultations between the Panel and the Conference prior to the issuance of the final report. The progress report outlines the process undertaken by the Panel and underscores some of the issues that have emerged from its ongoing work. aBALANCE OF PAYMENTS, CAPITAL FLIGHT, CAPITAL OUTFLOW, ILLICIT WEALTH uhttp://iffoadatabase.trustafrica.org/iff/com2014-hlp_panel_on_illicit_financial_flows_from_africa-english.pdf cCF c306d306