01441nam a22001337a 4500100006000000245009300060260007300153300000800226520087800234650004201112856013701154942000701291999000901298  aAfrican Development Bank and Global Financial Integrity  aIllicit Financial Flows and the Problem of Net Resource Transfers from Africa: 1980-2009  aTunisbAfrican Development Bank and Global Financial Integrityc2013  a84p  aThis report analyses the volume and pattern of recorded and unrecorded capital flows to and from Africa and its various regions and country groups over the period 1980-2009. It also provides the main trends of resource transfers; it does not provide an analysis of the reasons underlying the flows. For the purposes of this study, recorded capital flows are financial and non-financial transactions recorded in the balance of payments, whereas unrecorded capital flows primarily involve the flight of capital. The report assumes that unrecorded capital flows are illicit in nature and involve the transfer of money earned through corruption, kickbacks, tax evasion, criminal activities, and transactions of certain contraband goods. Likewise, legal funds earned through legal business but transferred abroad in violation of exchange control regulations also become illicit.  aCapital Outflow, Debt , Transparency   uhttp://iffoadatabase.trustafrica.org/iff/illicit_financial_flows_and_the_problem_of_net_resource_transfers_from_africa_1980-2009.pdf  cCF  c5d5