01461nam a22001457a 4500 Kar, Dev and Spanjers, Joseph Illicit Financial Flows from Developing Countries: 2004-2013 Washington Global Financial Intergity Dec 2015 72p. 7th This report, the latest in a series of annual reports by Global Financial Integrity (GFI), provides estimates of the illicit flow of money out of the developing world—hereafter referred to as illicit financial flows (IFFs) or illicit outflows—from 2004 to 2013, the most recent ten years for which data are available. The report estimates the country-level and aggregated global volume of illicit money being siphoned out of poor and emerging market nations. The report reveals that illicit outflows of capital have cracked the $1 trillion plateau. This report nearly triples the number of countries—from 19 to 56—for which a more precise trade misinvoicing calculation is used by comparing those countries’ trade to that of individual advanced economies, rather than to advanced economies as a group or to the world as a whole. The report also compares IFFs to official development assistance (ODA) and foreign direct investment (FDI). IFFs have exceeded those measures—combined—for seven of the ten years of this study. Illicit wealth iffoadatabase.trustafrica.org/iff/IFF-Update_2015-Final.pdf CF 435 435