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Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Illicit Financial Flows and Trade Misinvoicing: Time to Reassess

You might remember the UNCTAD report on trade misinvoicing published last year which alleged that the majority of gold exports leave South Africa unreported. If not, you will more than likely have heard the billion dollar estimates of illicit financial flows as a source of resources for financing the SDGs. It is increasingly clear that these calculations, based on gaps and mismatches in trade are not reliable.

The G-8 Declaration on Tax and Transparency

This is a joint post with Owen Barder. 

International tax has continued to rise up the political agenda, and the crucial UK-hosted G-8 meeting is now approaching.  We’ve updated our draft declaration that we would like to see from that summit, to reflect discussions that have taken place since then, and many valuable comments from a wide range of contributors.