Suchergebnisse

Publication issue de Pierre Kopp. Understanding the Financial Flows Generated by Human Trafficking. World Bank Conference: The Dynamics of Illicit Flows from Developing Countries, Sep 2009, Washington, United States. ; International audience

Publication issue de Pierre Kopp. Understanding the Financial Flows Generated by Human Trafficking. World Bank Conference: The Dynamics of Illicit Flows from Developing Countries, Sep 2009, Washington, United States. ; International audience

Publication issue de Pierre Kopp. Understanding the Financial Flows Generated by Human Trafficking. World Bank Conference: The Dynamics of Illicit Flows from Developing Countries, Sep 2009, Washington, United States. ; International audience

Publication issue de Pierre Kopp. Understanding the Financial Flows Generated by Human Trafficking. World Bank Conference: The Dynamics of Illicit Flows from Developing Countries, Sep 2009, Washington, United States. ; International audience

AbstractFor a sample of low‐income countries, we analyse the behaviour of international financial flows during three periods: (i) the 2003–2007 global boom; (ii) the 2008–2009 crisis; and (iii) the 2010–2012 recovery phase. In particular, we examine aid‐adjusted net financial inflows, debt inflows, foreign direct investment inflows and official reserve outflows. We highlight the role of country characteristics in explaining the cross‐country variation in international financial flows during these different phases.

ABSTRACT New Developmentalism has focused its attention on trade problems created, to a large measure, by the divergences between the exchange rate that keeps the current account of the balance of payments balanced and what it calls industrial equilibrium exchange rate, the rate that would preserve the competitiveness of manufacturing firms operating at the state-or-art frontier. ND acknowledges that these rates may be disturbed by financial flows, but the role of capital account movements may be underestimated. The paper argues that financial flows have indeed been underestimated, which may make more difficult to devise efficacious policies to correct the problem of currency overvaluation.

The emerging concept of illicit financial flows has become a crosscutting issue on the international agenda in recent years. This umbrella term refers to money illegally earned, transferred, or used. With the development of digital technologies, the use of information and communications networks as a tool for facilitating illicit financial flows is rising as one of the key challenges in tackling the problem of the movement of illegal funds. Digital technologies facilitate illicit financial flows at each stage, be it earning money illegally, transferring illegal funds, or using them. There are several areas where clear links between technology and illicit financial flows can be established. Part one defines illicit financial flows to establish the scope of the problem and provide the context for further analysis. Part two focuses on the issue of digital technologies in the process of earning money illegally and transferring illicit funds, and analyzes how technology can help in the process of acquisition, transfers, and integration of illicit finds. Part three discusses the role of technology in fighting illicit financial flows. Part four concludes with suggestions for further areas of research in this field and ways to tackle the problem more effectively.

Illicit Financial Flows (IFFs) have received increased attention in light of international corruption scandals, high-profile leaks about extensive tax abuse schemes, and the continued fight against terrorism financing and organized crime. Reducing IFFs is now a key target of the UN Sustainable Development Goals, renewing debates about both how to operationally define IFF and the methodologies that are used to estimate their extent. This book addresses these key issues, by investigating and schematizing the concept of illicit financial flows and critically evaluating the current models used to estimate them. It book proposes an original flow-network approach through which to produce longitudinal and country-specific estimates of IFFs and the gross value added related to transnational trafficking. It advocates for a reformulation of the current definition of IFFs to one that is more specific and operational, allowing scholars and policy-makers to better clarify the relationship between IFFs, the sources of capital and the channels that are used to move capital abroad. This brief will be an indispensable guide for students of criminology and organized crime, and for the researchers and practitioners working to understand and combat these crimes.--