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dc.description.abstractTackling illicit financial flows has become a priority area to achieve sustainable development and build inclusive institutions and societies around the world. In both the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda of the Third International Conference on Financing for Development, explicit targets were adopted to address illicit financial flows. This reflects a general agreement that illicit financial flows not only drain much-needed domestic resources for sustainable development, they also erode the trust in both social contracts and governance systems and increase inequalities within and between countries. The present policy brief examines the types, channels and status of these flows on the continent and recommends initiatives to strengthen the prevailing institutional architecture created by African Governments for curbing them. In the brief, the four main sources of illicit financial flows in Africa are addressed: tax fraud in the form of excessive tax avoidance and tax evasion, trade mis-invoicing, money laundering and corruption. Each of these flows contributes to and is influenced by weak institutions, poor governance and the rule of law.en
dc.titleAfrican institutional architecture to address illicit financial flowsen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT FINANCE::FINANCIAL FLOWSen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::DEVELOPMENT FINANCEen
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::TRANSNATIONAL CORPORATIONS::ILLICIT PAYMENTSen
uneca.subject.fulltaxonomyUNBIS::SOCIAL CONDITIONS AND EQUITY::CRIME AND CRIMINAL JUSTICE::ILLICIT FUNDS TRANSFERen
uneca.subject.fulltaxonomyUNBIS::GEOGRAPHICAL DESCRIPTORS::AFRICAen
uneca.subject.fulltaxonomyUNBIS::GEOGRAPHICAL DESCRIPTORS::AFRICAen
uneca.creatorCorporate.fulltaxonomyCorporate Authors::United Nations. Economic Commission for Africaen
ags.creatorCorporateUnited Nations. Economic Commission for Africaen
ags.subjectThesaurusFINANCIAL FLOWSen
ags.subjectThesaurusDEVELOPMENT FINANCEen
ags.subjectThesaurusILLICIT PAYMENTSen
ags.subjectThesaurusILLICIT FUNDS TRANSFERen
ags.subjectThesaurusAFRICAen
ags.subjectThesaurusAFRICAen
ags.descriptionNotesIncludes bibliographical reference.en
ags.descriptionNotesLibrary also has French edition under the title : "L’architecture institutionnelle africaine de lutte contre les flux financiers illicites"en
ags.publisherPlaceAddis Ababa :en
ags.publisherNameUN. ECA,en
ags.citationTitleECA Policy Briefen
dc.date.accessioned2022-11-03T12:12:25Z
dc.date.available2022-11-03T12:12:25Z
dc.date.issued2022
dc.identifier.urihttps://hdl.handle.net/10855/49140
dc.format.extent7 p.: ill.
dc.languageeng
dc.typePolicy paper
uneca.workflow.processedtrue
ags.subjectThesaurusFINANCIAL FLOWS
ags.subjectThesaurusDEVELOPMENT FINANCE
ags.subjectThesaurusILLICIT PAYMENTS
ags.subjectThesaurusILLICIT FUNDS TRANSFER
ags.subjectThesaurusAFRICA
ags.subjectClassification02.02.00 ECONOMIC CONDITIONS
ags.subjectClassification02.04.00 DEVELOPMENT
ags.citationNumberNo. ECA/22/024
ags.availabilityNumberb12021143
ags.availabilityNumber2022
ags.availabilityLocationECA-HQ
ags.rights.termsofusepublic
ags.JNb12021143
uneca.language.supporteden


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