A new report by Global Financial Integrity,"Illicit Financial Flows from Developing Countries: 2002-2006," shows that the developing world is losing an increasing amount of money through illicit capital flight each year. 

  Download Full Economist Version (Contains detailed statistical appendix)

Download Executive Summary Version

 En Français : Flux Financiers Illicites en Provenance des Pays en Développement: 2002-2006

 En Español: Flujos Financieros Ilícitos de Países en Desarrollo: 2002‐2006

Praise for Our Report, "Illicit Financial Flows from Developing Countries: 2002-2006"

"The most qualified estimate for illegal money flows from developing countries."

-Norwegian Commission on Capital Flight from Poor Countries, June 2009

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"Very credible" and "highly reliable."

-Danish Institute for International Studies, November, 2009

 Read DIIS Policy Brief...

"A standard reference for economists studying the flow of black money worldwide..."

-Asia Times, April 24, 2009

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More Resources

• Read GFI News Release: New Report finds that Illicit Financial Flows out of the Developing World Overwhelm Foreign Aid  

About Illicit Financial Flows

The term, illicit financial flows, pertains to the cross-border movement of money that is illegally earned, transferred, or utilized. Illicit financial flows generally involve the transfer of money earned through illegal activities such as corruption, transactions involving contraband goods, criminal activities, and efforts to shelter wealth from a country’s tax authorities.

 What are illicit financial flows?