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A word cloud of the most frequently used words in paper titles from Banerjee.

A Quick Guide to 100+ Publications by Economics Nobel Winner Abhijit Banerjee

Last month, Abhijit Banerjee won the Nobel Memorial Prize in Economic Sciences, together with Esther Duflo and Michael Kremer. Here’s a quick introduction to almost all of Banerjee’s publications. The range of topics is breathtaking, from land reform to corruption to microcredit to international aid to the fundamental nature of poverty.

Africa CEO Forum

UK Aid Watchdog to CDC: Time to be More Accountable, More Transparent on Development Finance

The Independent Commission for Aid Impact (ICAI) issued a report this week on the performance of CDC–the UK’s development finance institution–in low-income and fragile states. ICAI gives CDC an Amber/Red rating on its performance, which means “unsatisfactory achievement in most areas, with some positive elements.” In particular, the commission says that CDC has not done enough to monitor its performance. 

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A New Standard for Country-by-Country Reporting on Tax?

The vexed question of whether country-by-country (CBC) reports on multinational companies’ tax affairs should be put into the public domain has been a sticking point in debates on responsible tax practice for years. 

Construction workers laying a road

Ten Years of Aid Transparency – Fulfilling the Dream of Accra

Aid and development transparency has come a long way in ten years. In this, the first of a two-part blog series, we look back at the origins of the aid transparency movement. We reflect on the original vision of those who conceived the idea, and the journey to date including some of the successes achieved along the way.

The Proposed SDG Indicator on Illicit Financial Flows Risks Conflating Ordinary Business and Dirty Money

“Illicit financial flows” means dirty money crossing borders. It is an umbrella term which covers diverse actors including organised crime groups, business people making bribes, political leaders engaging in grand corruption, and major tax evaders hiding undeclared wealth. What they all have in common is that what they are doing is illegal (although they may be getting away with it), and they often use opaque international networks of legal entities, bank accounts, and property holdings to facilitate and store ill-gotten gains. There is a clear development case for rich countries to act to prevent their financial systems being used as havens for illicit financial flows that harm developing countries.

Pinning Down Illicit Financial Flows: Why Definitions Matter

The SDGs include a target to “significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organised crime”. However, there is no globally agreed upon definition for “illicit financial flows.” My new CGD paper looks at why there is so much disagreement and confusion over this term.

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