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PALU Triennial General Assembly Governing Capital Flight and Illicit Transfers from Africa

by Kagoro, Brian T
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The presentation addresses the flows holistically (inflows and outflows) in Africa. Addressing the political and accountability questions of IFFs (corruption and illicit transactions) shed more light on the extent to which IFFs impact the economy and livelihoods of Africans. Other areas addressed include diversification, beneficiation and social inclusiveness issues. Measure given include the capacities and capabilities issue ( managing investment, Trade, Remittances, ODA) ,financial haemorrhage, the Four Core Basis of IFF or ICF,the fault lines. The presentation also touches on the need for natural resources governance,capital flight as a human rights issue,Illicit Transfers and GDP Growth,Capital Flight & Illicit Transfers as Governance Issues in Africa,As well as Governance, Poverty Reduction and Redistribution.

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