U4 Brief
| 2012
Illicit financial flows and measures to counter them: An introduction
Bergen: Chr. Michelsen Institute (U4 Brief 2012:9) 4 p.
How to cite this publication:
Alessandra Fontana, Martin Hearson (2012). Illicit financial flows and measures to counter them: An introduction. Bergen: Chr. Michelsen Institute (U4 Brief 2012:9)
The most common sources of illicit financial flows are tax evasion and money laundering. Countermeasures include institution building strategies, international cooperation and information exchange, and fiscal transparency. Development practitioners need to understand the nature of the problem of illicit financial flows as an obstacle to development, and be aware of interventions that can reduce such flows.
