Corruption

More from the Series

Blog Post
The Proposed SDG Indicator on Illicit Financial Flows Risks Conflating Ordinary Business and Dirty Money
Maya Forstater
July 26, 2018
“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 ...
POLICY PAPERS
What Mining Can Learn from Oil: A Study of Special Transfer Pricing Practices in the Oil Sector, and their Potential Application to Hard Rock Minerals
July 16, 2018
Governments of mining countries are vulnerable to investors manipulating transfer prices as a means of avoiding paying taxes. This paper looks at whether special practices in the oil sector that provide materially greater protection against transfer pricing risk could be applied to hard rock mineral...
Blog Post
Fighting Corruption is Dangerous, but Necessary
April 26, 2018
CGD and Brookings recently co-hosted Former Finance Minister of Nigeria and Distinguished Fellow Ngozi Okonjo-Iweala to discuss her new book, Fighting Corruption is Dangerous: The Story Behind the Headlines. The book is part memoir, part how-to, as she draws on her years of exper...
Blog Post
Pinning Down Illicit Financial Flows: Why Definitions Matter
Maya Forstater
March 26, 2018
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 C...
POLICY PAPERS
Illicit Financial Flows, Trade Misinvoicing, and Multinational Tax Avoidance: The Same or Different?
Maya Forstater
March 26, 2018
Illicit financial flows (IFFs) connected with corruption, crime, and tax evasion are an issue of increasing concern. However, there is not yet a clear consensus on how to define illicit financial flows, and even less on how to measure them.
Blog Post
It’s Time for a Code of Conduct on Transparency for Financiers Backing PPPs
Michael Jarvis
and
January 23, 2018
Public-Private Partnership models continue to proliferate, backed by multilateral development banks old and new. But the volume of PPPs in developing countries has stagnated since the global financial crisis, and they won’t deliver unless they are designed and implemented well. ...
Blog Post
Seven Ways the International Community Can Help Zimbabwe through Tough Times
November 20, 2017
Events are in tremendous flux in Zimbabwe after the non-coup committed by the military last week and the resignation of President Robert Mugabe on November 21. It’s not too early for the international community to start considering constructive steps to help the country get...