Illicit Financial Flows and their Developmental Impacts: An Overview

Illicit financial flows — cross-border capital movements for the purposes of concealing illegal activities and evading taxes — pose major challenges to developing countries. They deprive the country concerned of urgently needed resources for private and public investment, thereby hampering infrastru...

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Bibliographic Details
Main Author: Marc Herkenrath
Format: Article
Language:English
Published: Institut de Hautes Études Internationales et du Développement 2015-01-01
Series:Revue Internationale de Politique de Développement
Online Access:http://journals.openedition.org/poldev/1863