| Drivers of Illicit Financial Flows Contributor(s): United Nations Publications (Editor) |
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ISBN: 9211320526 ISBN-13: 9789211320527 Publisher: United Nations OUR PRICE: $14.25 Product Type: Paperback - Other Formats Published: September 2019 |
| Additional Information |
| BISAC Categories: - Political Science | International Relations - General |
| LCCN: 2009349653 |
| Physical Information: 0.2" H x 8" W x 11.4" (0.70 lbs) 54 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: This study offers a comparative analysis of 42 countries, examining common trends among causes leading to illicit cross-border money transfers. Its findings support existing theoretical frameworks on the key drivers of illicit financial flows. Our analysis has identified that most countries that experience large transfers to offshore bank accounts are characterized by weak regulatory systems: i.e., shortcomings in the institutional capacities to detect, monitor and prosecute illicit financial flows are the primary drivers behind tax evasion. The growing availability of macroeconomic and governance data on developing countries provides avenues for more detailed research on illicit financial flows in the future. As alternative methodologies for measuring these flows become more sophisticated, there is both a pressing need and a huge potential for the advancement of a research agenda focusing on illicit cross-border money flows. |