The South Centre Monthly, January 2019
This update provides a snapshot of the publications and social media activities of the South Centre during the month of January 2019.
This update provides a snapshot of the publications and social media activities of the South Centre during the month of January 2019.
Illicit Financial Flows: Conceptual and Practical Issues
By Hon. Irene Ovonji-Odida and Algresia Akwi-Ogojo
The issue of illicit financial flows (IFFs) is of great significance for many countries looking to mobilize domestic resources for achieving their development goals. The High Level Panel on Illicit Financial Flows from Africa, led by H.E. Thabo Mbeki, brought the issue into the global spotlight, notably since the release of exposés like the ‘Panama Papers’. This policy brief elaborates on the conceptual underpinnings of IFFs, its sources and the development costs they generate. Building on the report of the High Level Panel, it provides recommendations to stem IFFs from developing countries.
This update provides a snapshot of the publications and social media activities of the South Centre during the month of December 2018.