000293828 001__ 293828
000293828 005__ 20250213113251.0
000293828 037__ $$aBOOK
000293828 245__ $$aCommodity trading and illicit financial flows
000293828 260__ $$aGeneva$$bThe Graduate Institute of International and Development Studies$$c2015
000293828 269__ $$a2015
000293828 300__ $$a19 p.
000293828 336__ $$aPapers and Reports
000293828 490__ $$aInternational Development Policy = Revue international de politique de dévelopment policy briefs / working papers
000293828 520__ $$aCommodity trading has come under increasing scrutiny as a conduit for illicit financial flows out of resource-rich developing countries, through trade mispricing and abusive transfer pricing. Assessing whether, and to what extent, commodity trading is subject to trade mispricing is of the essence to measure this phenomenon and evaluate the impact of corrective policies. This paper focuses on the world’s largest commodity trading hub, Switzerland. We will examine existing methodological approaches for estimating trade mispricing associated with commodity trade and analyse the data available in the case of Switzerland. Since commodity trading primarily occurs in transit trade, meaning that the merchandise does not physically enter Switzerland, it is it difficult to trace transactions by Swiss-based trading companies in trade statistics. Additionally, identifying mispricing practices raises several methodological issues. Previous studies have hinted at substantial illicit financial flows from developing countries to Switzerland related to commodity trade, with conservative estimates ranging from $8.5 billion to $15 billion a year. We conclude that the reliability of such estimates is weak and that deeper insight into the actual operations of the commodity trading business is required in order to improve them.
000293828 700__ $$aCarbonnier, Gilles
000293828 700__ $$aZweynert de Cadena, Anne
000293828 8564_ $$9c4c1e474-fbf7-46f9-8a4c-a7983b27a3e2$$s287394$$uhttps://repository.graduateinstitute.ch/record/293828/files/poldev-2054-commodity-trading-and-illicit-financial-flows_carbonnier_2015.pdf
000293828 8564_ $$92c7c50e2-71a4-4b6a-8bcd-bc0a444c1651$$xpdfa$$s1677449$$uhttps://repository.graduateinstitute.ch/record/293828/files/poldev-2054-commodity-trading-and-illicit-financial-flows_carbonnier_2015.pdf?subformat=pdfa
000293828 901__ $$uInternational Economics Department$$0319285
000293828 901__ $$uCentre for Finance and Development
000293828 909CO $$ooai:repository.graduateinstitute.ch:293828$$pGLOBAL_SET$$pIHEID:Explore
000293828 937__ $$aWP-2016-026
000293828 980__ $$aWP