Few and Far:The Hard Facts on Stolen Asset Recovery Gray, L(etal) Corruption, Asset Recovery This StAR-OECD publication reports on how OECD countries are performing on asset recovery. Drawing on data collected between 2006 and 2012, the report provides recommendations and good practices and suggests specific actions for development agencies.Corruption has a devastating impact on developing and transition countries, with estimates of $20 billion to $40 billion per year stolen by public officials, a figure equivalent to 20 to 40 percent of official development assistance flows. The return of the proceeds of corruption – asset recovery – can have a significant development impact. Returns can be used directly for development purposes, such as improvements in the health and education sectors and reintegration of displaced persons, with additional benefits of improved international cooperation and enhanced capacity of law enforcement and financial management officials. Washington DC 20433 International Bank for Reconstruction and Development / The World Bank and the OECD 2014 2014 Text 96p. iffoadatabase.trustafrica.org/iff/Hard Facts Stolen Asset Recovery.pdf Stolen Asset Recovery (StAR) Series