00952nam a22001097a 4500100003100000245014100031260005700172300000800229520048200237650004700719856007600766  aGlobal Financial Integrity  aNew Study: Crime, Corruption, Tax Evasion Drained a Record US$991.2 Billion in Illicit Financial Flows from Developing Economies in 2012  aWashington D.C.bGlobal Financial Integrity,c2014.   a4p.  aThe report—GFI’s 2014 annual global update on illicit financial flows—pegs cumulative illicit outflows from developing economies at US$6.6 trillion between 2003 and 2012, the latest year for which data is available. The report finds that illicit outflows are growing at an inflation-adjusted 9.4 percent per year—roughly double global GDP growth over the same period. These findings underscore the urgency with which policymakers should address illicit financial flows.  acapital outflow, misinvoicing, investments  uiffoadatabase.trustafrica.org/iff/2014-iff-update-gfi-release-final.pdf