01587nam a22001337a 4500100001600000245007900016260005300095300000800148520097600156650017701132856012401309942000701433999001301440  aRao ,Sumedh  aRelationship between illicit economic activity and illicit financial flows  aBirminghambGSDRC University of Birminghamc2013  a8p.  aThe article gives a breakdown of illicit financial flows from illicit economic activities through econometric analysis of causal links .Impact of illicit economic activities and illicit financial flows are given. The article states that Econometric evidence finds a mutually reinforcing relationship between illicit economic activities and illicit financial flows. This is supported by a breakdown of illicit financial flows from illicit economic activities, people trafficking, narcotics, illicit trade in minerals and manufactured goods or arms, as types of criminal activity which make up one form or grouping of illicit financial flows. The other forms are from government corruption and from commercial transactions. Within financial flows from criminal activity, illicit drugs are the most valuable market, and therefore the largest contributor to illicit flows. Impact of illicit economic activities and illicit financial flows is given as well as recommendations.  aARMS TRAFFICKING HUMAN TRAFFICKING NATURAL RESOURCES COUNTERFEITING ENVIRONMENT ILLICIT WEALTH MONEY LAUNDERING SMUGGLING TAX EVASION TRANSFER PRICING WAR WEAPONS TERRORISM  uhttp://iffoadatabase.trustafrica.org/iff/relationship_between_illicit_economic_activity_and_illicit_financial_flows.pdf  cNA  c311d311