@article{Carbonnier:319211,
      recid = {319211},
      author = {Carbonnier, Gilles and Mehrotra, Rahul},
      title = {Measuring illicit financial flows new data and methods},
      address = {2024},
      number = {ARTICLE},
      abstract = {A major source of illicit financial flows (IFFs) out of  developing countries accrues from the under-invoicing of  commodity exports. This erodes the tax base of  resource-rich developing countries, and hence their  capacity to mobilise domestic resources for development.  The Sustainable Development Goals (SDGs), adopted in 2015,  specifically call on states to reduce IFFs and enhance  domestic resource mobilisation. Yet a weak capacity to  assess the magnitude and drivers of the phenomenon has  limited the ability of developing countries to effectively  curb IFFs. This has been compounded by a lack of consensus  over IFF definitions together with poor data and weak  methods. Drawing on six years of interdisciplinary research  into commodity trade–related IFFs, this chapter examines  novel data sources and recent methodological advances that  researchers and regulators can draw upon to better capture  and eventually reduce IFFs. It situates such advances  within the fast-expanding literature on domestic resource  mobilisation, taxation and IFFs, focusing on three major  channels; namely, trade mispricing, abusive transfer  pricing and tax evasion through wealth offshoring. The  chapter concludes by discussing the scope for improved data  collection and evidence generation. This, together with  global taxation reform, can greatly contribute to  effectively enhancing domestic resource mobilisation in  developing countries.},
      url = {http://repository.graduateinstitute.ch/record/319211},
      doi = {https://doi.org/10.4000/11q97},
}