Last year there was an outcry over the corruption in governments around the world. It resulted in many leaders deciding to leave office. As the reality of the different situations became clear, it has shown the abuse of governmental power, bribery as well as secret dealings are...
A recent report commissioned by the United Nations Development Program (UNDP) from Global Financial Integrity (GFI) has been delivered at the United Nations IV Conference on Least Developed Countries. This conference, hosted by Turkey, concerns the flow of illicit capital from the world's 48 least developed countries....
Egypt has long been a nation plagued by severe developmental issues. A large part of its troubles has been attributed to the illicit outflow of cash. As of 2019, the level of this outflow has been averaged to a sum of $6 billion per year.
Some people believe financial privacy is a human right. It is an argument with the number of people wanting to discuss it increasing. Many individuals will agree a human right is based on a fundamental belief in the value of freedom. If this is true or not...
The continuing financial crisis in Greece has made international headlines. Many economic experts are convinced that the current round of austerity measures is entirely too draconian to be stood for long. The consensus among the Greek middle and poorer classes is that the rich should pay for...
The Task Force on Financial Integrity and Economic Development is a consortium of Governments and NGOs and is guided by a coordinating committee which consists of the following entities: Global Financial Integrity*Christian AidGlobal WitnessTax Justice NetworkTransparency InternationalSecretariat of the Leading Group on Solidarity Levies...
The Tri-Border Area, where the cities of Puerto Iguazu in Argentina, Foz do Iguazú in Brazil and Ciudad del Este in Paraguay meet is rife with illicit financial activities. The magnitude of the threat in the TBS area is so great, authorities call it the “largest illicit...
The Partnership Panel, which meets in the first and third quarter of the year, is comprised of key governments and institutions that provide funding to and/or cooperate closely with the Task Force.  The Partnership Panel mandate is to facilitate meetings with other government officials, provide information on...
Regardless of the form of government in a country, citizens understandably expect their political leaders to look out for their best interests. Governments generally establish and maintain social order, provide a national defense system, establish structure to promote a healthy economy and provide essential public services. These...
With so many formal governmental organizations and international groups that have been formed, it’s easy to become confused about the various organizations and their roles. For example, many are unaware of the G20 and its primary role. If you’re interested in learning more, continue reading. Below is...