By Lionel Bassega, September 1, 2020
Trade misinvoicing is a persistent and significant feature of international trade transactions. It is a primary means of illicitly shifting funds in and out of a country. It occurs when importers and exporters deliberately falsify the prices,...
By Lakshmi Kumar, August 5, 2020
Global Financial Integrity (GFI) was proud to contribute to the July 2020 report ‘Dubai’s Role in Facilitating Corruption and Global Illicit Financial Flows’ from the Carnegie Endowment for International Peace. The contribution, Chapter 3 of the report,...
July 28, 2020
By Andrew Peters In March 2020, Global Financial Integrity (GFI) estimated a lower bound of US$8.7 trillion in value gaps identified in trade between 135 developing countries and 36 advanced economies over the ten-year period 2008-2017. This...
By Lionel Bassega, July 6, 2020
Over the last couple of weeks, the rate of Covid-19 infections has flattened in most of the Global North, while the opposite has happened in the Global South. Indeed, according to data from the World Health Organization...
By Maureen Heydt, June 11, 2020
As part of its new report ‘Sudan and Trade Integrity,’ Global Financial Integrity (GFI) worked with a contractor to conduct surveys with Sudanese thought leaders in Sudan. The surveys were conducted in March 2020 by phone with...
By Tom Cardamone, June 1, 2020
As Sudan’s transitional government works to extricate itself from decades of mismanagement, civil strife and corruption it faces hydralike challenges before it will be able to stabilize the economy and provide adequate services to its beleaguered populace....
By Rick Rowden, May 6, 2020
Even in normal times, there has been a growing recognition of the threat that illicit financial flows (IFFs) pose to the integrity and stability of the global financial system. But now, with the onslaught of the Covid-19...
March 4, 2020
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...