A forthcoming report by Global Financial Integrity finds that Ethiopia lost US$11.7 billion in illicit financial outflows from 2000-2009 An upcoming report by Global Financial Integrity finds that Ethiopia, which has a per-capita GDP of just US$365,lost US$11.7 billion to illicit financial outflows between...
Corruption, kickbacks and bribery are on the rise in Ethiopia, according to a forthcoming report from Global Financial Integrity, a Washington-based research and advocacy organization.  According to the study, illicit financial flows out of the African nation nearly doubled to US$3.26 Billion in 2009 over the previous...
A United Nations Development Program (UNDP) commissioned report from Global Financial Integrity (GFI) on illicit financial flows from the Least Developed Countries (LDCs) was presented for discussion yesterday at the United Nations IV Conference on Least Developed Countries hosted by the Republic of Turkey. Written by...
Illicit Outflows from MENA Growing Faster than Any Other Region Reverberations from the violent protests in Tunisia are knocking on Egypt’s door. On Wednesday, the Egyptian authorities threatened “immediate” arrest for any public gatherings or protests in response to a massive march in opposition to the...
Greece has been in the news a lot lately and as we all know, it has not been good news.  By all accounts, the austerity measures being imposed on the population as a condition for bailing Greece out of the financial crisis, is severe.  As Walter Mead points out...
The final communiqué released following the conclusion of today’s G20 Finance Ministers  meeting: 1. We, the G20 Finance Ministers and Central Bank Governors, met in Washington D.C. to ensure the global economic recovery and the transition to a strong, sustainable and balanced growth as...
CommuniquéMeeting of Finance Ministers and Central Bank Governors, United Kingdom,7 November 2009 1.         We, the G20 Finance Ministers and Central Bank Governors, met at a critical point in the recovery from the crisis to deliver the work remitted to us at Pittsburgh.
September 24 – 25, 2009 PREAMBLE 1. We meet in the midst of a critical transition from crisis to recovery to turn the page on an era of irresponsibility and to adopt a set of policies, regulations and reforms to meet...
The Task Force on Financial Integrity and Economic Development is a consortium of Governments and NGOs and is guided by a coordinating committee which consists of the following entities: Global Financial Integrity*Christian AidGlobal WitnessTax Justice NetworkTransparency InternationalSecretariat of the Leading Group on Solidarity Levies...
The Tri-Border Area (TBA) between Argentina, Paraguay, and Brazil is comprised of three cities: Puerto Iguazu (Argentina), Ciudad del Este (Paraguay), and Foz do Iguacu (Brazil). The area is well known as a haven for illicit activities ranging from counterfeiting to intellectual property theft to money laundering,...