Global Financial Integrity

 

Illicit Financial Flows

Why the FACTI Panel should consider trade integrity

Via Shuttershock

There are just ten years left to achieve the 2030 Agenda for Sustainable Development, and yet countries face a $2.5 trillion annual financing gap to achieve the corresponding Sustainable Development Goals (SDGs). This figure does not account...

Read More SHARE

Around the halls: GFI’s top picks for what to read and watch during quarantine

Photo by Andrew Neel on Unsplash

As much of the world experiences life under quarantine from COVID-19, the team at Global Financial Integrity share our top picks for the books, TV shows, movies and long-form journalism examining illicit financial flows (IFFs) from multiple...

Read More SHARE

Unaccountable: The Role of Accountancy Firms in International Financial Scandals

The revelatory Luanda Leaks by the International Consortium of Investigative Journalists (ICIJ) and 35 partner organizations exposed the critical role financial service providers – frequently Western – play in facilitating massive international financial scandals. Indeed, the ICIJ...

Read More SHARE

New GFI Report Shows Trade Misinvoicing a Major Problem for Developing Countries

A lack of trade integrity results in potentially massive revenue losses – all at a time when most countries are struggling to mobilize domestic resources for development Global Financial Integrity (GFI) recently released its newest report, “Trade-Related...

Read More SHARE

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...

Read More SHARE

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...

Read More SHARE

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...

Read More SHARE

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...

Read More SHARE