TY  - BOOK
AU  - Costantinos, BT
TI  - Corruption , Illicit Financial Flows and Governance Ethics in Africa
KW  - ADVANCE-FREE FRAUD, ARMS TRAFFICKING, CAPITAL FLIGHT
N2  - The paper was presented at the seminar in Public Management and PolicySchool of Graduate studies, Department of Public Management and Policy,College of Management, Information and Economic Sciences Addis Ababa University. It gives an overview of corruption as a symptom of weakness in political, social, legal and economic systems. The causes of corruption are given as consisting of  political, legal, bureaucratic, economic–transnational factors as well as  social consequences.The positive sides of corruption are given in the paper as well as the  origins and means of Illicit Financial Flows (IFF) from Africa. The major conclusion was that West and Central Africa’s tops Sub Saharan Africa in terms of IFFs.Impacts of Illicit Financial Outflows include the draining of  hard currency reserves and heightening of  inflation ,undermining of  trade and investment, reduction of  tax collection, widening  income-gaps and worsening  poverty hence, economic growth without global good governance results in increased IFF which destroys development efforts and worsen poverty
UR  - http://iffoadatabase.trustafrica.org/iff/corruption__iff_andgovernance_ethics_final-libre.pdf
ER  -