Illicit Financial Flows

• Tác giả: Matthew Collin
• Ngôn ngữ: eng
• Ký hiệu phân loại: 364.14 Offenses against public health, safety, order
• Thông tin xuất bản: Published by Oxford University Press on behalf of the World Bank, 2021
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 296352
• Chủ đề: 1. ILLICIT FINANCIAL FLOWS; 2. MONEY LAUNDERING; 3. TAX EVASION

Tóm tắt

There is a growing consensus that the presence of illegal and harmful cross-border financial flows is one of the factors impeding economic and human development. In recent years, a new conceptual framework for describing these "illicit" financial flows (IFFs) has emerged that combines issues ranging from cross-border money laundering to tax evasion. This article summarizes and clarifies recent empirical work in this area. Three types of studies are considered and critiqued: (i) methods of measuring IFFs, (ii) constructed risk indicators, and (iii) forensic studies that aim to uncover instances where illicit flows have occurred. The article discusses the limitations of all three approaches and proposes ways in which the research agenda on IFFs could be reasonably advanced, given the hidden nature of the subject.