EMerging Equity
Tax Evasion
Neo-Medievalism: Austerity And Extremism In Greece
John Rapley believes that ‘neo-medieval’ forms of governance are appearing on the global stage. In fact, this phenomenon may not be confined to the developing world. Embryonic forms of neo-medievalism have appeared in Greece and could spread to the rest of Europe. By John Rapley During the negotiations over an extension of Greece’s bail-out, the … Continue reading
Developing Countries Lose $2 For Every $1 They Earn
For every dollar that developing countries have earned since 2008, they have lost $2, which proves that the global financial system is failing poorer nations, writes Jesse Griffiths. By Jesse Griffiths The European Network on Debt and Development After six months crunching all the best data from international institutions, here’s what we found; for every dollar developing countries have … Continue reading
$6.6 Trillion Stolen From Developing World From 2003-2012, BRICS Tops List: GFI
By Global Financial Integrity (GFI) Illicit Flows from Developing & Emerging Countries Growing at 9.4% per Year. US$6.6 Trillion Stolen from Developing World from 2003-2012; Trade Misinvoicing Responsible for 77.8% of Illicit Outflows. China, Russia, Mexico, India, Malaysia—in Declining Order—Are Biggest Exporters of Illicit Capital over Decade; Sub-Saharan Africa Still Suffers Biggest Illicit Outflows as … Continue reading
Illicit Deposits Abroad Cost India Billions of Dollars in Lost Revenue: Narendra Modi
Today, India’s PM Narendra Modi, second time spoke to the nation since coming to power in May. He said he was committed to bring back funds illegally transferred outside India in order to avoid tax. He emphasized the “black money” belonged to the poor of the nation. Illicit deposits abroad cost India billions of dollars in … Continue reading
