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Illegal Capital Flight from Development Countries

translation: Mark Waller

category:
Economics

isbn:

978-952-200-145-0

formats:
pdf 2.6 MB

published: 06 / 2010

pages: 33

price: FREE

Illegal Capital Flight from Development Countries

By Henri Purje, Matti Ylönen & Pasi Nokelainen (eds.)

	FREE

OVERVIEW

Illegal capital flight has been called the biggest obstacle to the development of poor countries. About nine times the amount of world’s total development assistance budgets ends up in rich countries, often routed via tax havens shielded by the high level of banking secrecy.

keywords: Capital controls, Global financial system, Poverty

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