Global Financial Integrity

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Archive for October, 2019

Why India Cannot Get the Money Back

Excerpted from ‘India – Still a Shackled Giant’ by Dev Kar, with Penguin Random House India permission.  A few years after retiring from the IMF, I applied for the position of lead economist at GFI, then a...

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With Spate of New Bills, Congress Has Chance to Tackle Kleptocracy

Photo by Gautier Salles on Unsplash

Twenty-five luxury vehicles worth over US$27 million. Gilded toilets in a secret forest compound. Three lions in a private zoo. A US$200,000 wedding dress for a cabinet minister’s daughter. The bounty of kleptocracy can take many, sometimes...

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Plundering the future: Why the IMF must quantify grand corruption

Photo by Daniel Barnes on Unsplash

By Tom Cardamone and Maureen Heydt As the International Monetary Fund and the World Bank Group kick off the 2019 Annual Meetings this week, government officials, central bankers, academics, civil society and journalists will descend on Washington...

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Seventh Annual Amartya Sen Essay Contest 2020

In August 2020, Global Financial Integrity and Academics Stand Against Poverty will be awarding the seventh annual Amartya Sen Prize to the two best original essays that examine one particular component of illicit financial flows, the resulting...

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Free Trade Zones: a Pandora’s Box for Illicit Money

Governments around the world are increasingly turning to free trade zones (FTZs) as a means of promoting economic growth and investment: Ghana recently signed an agreement with Iran to bolster cooperation between their free zones, while the...

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