Global Financial Integrity - Reports - Illicit Financial Flows from Developing Countries 2001-2010

Crime, corruption, and tax evasion cost the developing world $859.8 billion in 2010, just below the all-time high of $871.3 billion set in 2008—the year preceding the global financial crisis. The findings are part of a new study to be released Monday night by Global Financial Integrity (GFI), a Washington-based research and advocacy organization. The report, “Illicit Financial Flows from...