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  <leader>01296nam a22001337a 4500</leader>
  <datafield tag="100" ind1=" " ind2=" ">
    <subfield code="a">Ndudzo, E.</subfield>
  </datafield>
  <datafield tag="245" ind1=" " ind2=" ">
    <subfield code="a">Liquidity and Illicit Financial Flows</subfield>
  </datafield>
  <datafield tag="260" ind1=" " ind2=" ">
    <subfield code="a">Harare</subfield>
    <subfield code="b">Sunday Mail</subfield>
    <subfield code="c">2016</subfield>
  </datafield>
  <datafield tag="300" ind1=" " ind2=" ">
    <subfield code="a">4p.</subfield>
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  <datafield tag="520" ind1=" " ind2=" ">
    <subfield code="a">The article alludes that   illicit financial flows and liquidity constraints stand among the foremost encumbrances standing between Zimbabwe and its economic dream. Exporting liquidity through leakages suffocates the economy by reducing aggregate demand thus causing deflation. Financial resource leakage exists with negative effect on national liquidity. Therefore, there is need for transparency, accountability and self-discipline in the utilisation and management of financial resources within a multi-currency system. Illicit financial flows should be viewed in the broadest sense, encompassing smuggling (precious minerals, wildlife trophies, etc), non-remittance of export proceeds, unwarranted remittances and offshore investments. Also in this bracket are tax evasion/avoidance, porous borders, misappropriation of foreign loan receipts, and irregular and/or wasteful expenditure. </subfield>
  </datafield>
  <datafield tag="650" ind1=" " ind2=" ">
    <subfield code="a">Illicit Wealth, Exporting Liquidity, Transparency</subfield>
  </datafield>
  <datafield tag="856" ind1=" " ind2=" ">
    <subfield code="u">iffoadatabase.trustafrica.org/iff/Liquidity and illicit financial flows _ The Sunday Mail.pdf</subfield>
  </datafield>
  <datafield tag="942" ind1=" " ind2=" ">
    <subfield code="c">NA</subfield>
  </datafield>
  <datafield tag="999" ind1=" " ind2=" ">
    <subfield code="c">518</subfield>
    <subfield code="d">518</subfield>
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