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Events
Illicit Financial Flows and the Post-2015 Development Agenda
October 11, 2014Washington, D.C.

During its 2014 Annual Meetings, the World Bank Group convened a public forum on illicit financial flows with high-profile speakers from Bangladesh, Denmark and Norway, as well as the Washington, D.C.-based research and advocacy organization Global Financial Integrity. The speakers at the forum stressed the need for a higher pace and a broader range of actions to curb the negative impact of illicit financial flows on sustainable development.

Program Agenda | Speaker Bios | Event Transcript | World Bank Live

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At the forum, , President of  (GFI), and Nena Stoiljkovic, Global Practices Vice President of the World Bank Group (WBG), underscored the detrimental effect of IFFs on development: draining of hard currency reserves, heightened inflation, reduced tax collection, curtailed investment, undermining of free trade, limits on poverty alleviation and complicated security concerns.



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