Ideas to Action:

Independent research for global prosperity

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.

 

African Regional Integration and the Fight Against Illicit Financial Flows

The African Development Bank estimates that illicit financial flows have drained in excess of a trillion dollars from Africa since 1980. These flows undermine the tax base, damage political institutions and exacerbate inequality. With major momentum behind global counter-measures, there are clear opportunities for progress at the regional level – including through stronger information exchange and cooperation, tax base harmonization and innovative uses of trade data.

Views from Tunis: The African Development Bank's New Blog

Kudos to our friends at the African Development Bank for their recent launching of a new blog, Building Africa Today. So far it is providing regular updates of African currencies, stock markets, commodities, and other data relevant to those following economic trends on the continent. Any quick scan of the blog also shows that this is not your father’s AfDB of the 1980s: the blog and the Bank are both heavily focused on private sector activity.