Sunday, December 18, 2011

Global Financial Integrity (GFI) identifies problem in Ethiopia

The NGO Global Financial Integrity just released its most recent report on illicit financial flows from developing countries. The situation in Ethiopia clearly deteriorated in 2009 as noted in a Bloomberg article, in which I am quoted.

I am including, however, a more detailed analysis of a separate statement about Ethiopia by the co-author of the GFI report. While the 2009 numbers for Ethiopia are worrisome, when put in perspective of other African countries, it raises questions why Ethiopia was singled out for criticism by the co-author of the report. What is most important is what happened in 2010 and 2011. These figures are not yet available.

Ethiopia and 2011 Global Financial Integrity Report

No comments:

Post a Comment