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New Report on Unrecorded Capital Flight Finds Developing Countries are Net-Creditors to the Rest of the World


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Global Financial Integrity (GFI), the Centre for Applied Research at the Norwegian School of Economics and a team of global experts have released a new study... Commenting on the study, GFI President Raymond Baker noted that “this report is the most comprehensive analysis of global financial flows impacting developing countries compiled to date” and is the culmination of three years of research collaboration. Mr. Baker presented the paper’s findings to an expert group in Bergen, Norway on November 21.

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