Illicit financial flows : issues paper

Abstract

This document focuses on the issues paper on the theme of illicit financial flows at ninth African development forum innovative financing for Africa’s transformation Marrakech, Morocco 12-16 October 2014. The issues paper aims to: Identify, examine and raise awareness about the development challenges that illicit financial flows pose to Africa’s transformation; Identify important mechanisms, the dynamics and the main challenges to curtailing and redirecting illicit financial flows and their implications for Africa’s economic transformation and Draw on country experiences and case studies to examine the nature of illicit financial flows and their effect on development, and tackle the challenges to efforts being made to curb their magnitude and impact.