Illicit Financial Flows as an Obstacle to Development - International Reports
Asset Publisher
International Reports
Illicit Financial Flows as an Obstacle to Development
by
Andrea Ellen Ostheimer
The phenomenon of Illicit Financial Flows has been receiving increasing attention in recent years, especially in the discussion on the financing of development cooperation. Investors as well as developing countries have recognized the dangers and side effects that are not limited to financial losses for the state concerned, but also question its statehood in general.