The article reveals that developing countries are losing in excess of $1tn a year due to poor governance and lax regulations. The article is based on new OECD report suggests how governments can collaborate to clamp down on illicit finance.A lot of effort currently goes into estimating it, but perhaps the crucial question to ask is what countries are doing to address it. As responses to illicit financial flows from developing countries and analyses how OECD countries are tackling issues of money laundering, bribery, tax evasion, and asset recovery.
Click on an image to view it in the image viewer
There are no comments for this item.