By Ann Hollingshead A couple of weeks ago, I wrote a blog post criticizing the philosophies of Dan Mitchell, a libertarian scholar from the Cato Institute. I asked for a “thoughtful discussion” and I got it—both from the comments section of our blog and from Dan himself. ...
Money laundering is a serious criminal process that is used to fund and shield some of the most violent and destabilizing enterprises around the world. Regulators, managers and whistleblowers alike must understand how to spot money laundering as well as the heavy risks that...
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.
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...
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...
According to the American Gem Society, anthropologists found evidence of engagement rings dating back to the ancient Roman Empire. However, diamond engagements rings as people know them today date back to 1477 when Austria's Archduke Maximillian had one designed for his soon-to-be wife. This started a trend that...
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...
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...
The Partnership Panel, which meets in the first and third quarter of the year, is comprised of key governments and institutions that provide funding to and/or cooperate closely with the Task Force.  The Partnership Panel mandate is to facilitate meetings with other government officials, provide information on...
A growing outcry over corrupt governments forced several leaders from office last year, but as the dust has cleared it has become apparent that the levels of bribery, abuse of power and secret dealings are still very high in many countries. Transparency International’s Corruption Perceptions Index 2012 shows corruption...