000319211 001__ 319211 000319211 005__ 20250213115749.0 000319211 0247_ $$2doi$$a10.4000/11q97 000319211 037__ $$aARTICLE 000319211 245__ $$aMeasuring illicit financial flows$$bnew data and methods 000319211 269__ $$a2024 000319211 336__ $$aJournal Articles 000319211 520__ $$aA 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. 000319211 542__ $$fOpen access article, Creative Commons Attribution NonCommercial (CC BY-NC) licence$$uhttps://creativecommons.org/licenses/by-nc/4.0 000319211 580__ $$aIn: International Development Policy. - No. 17(2024), pages 1-20 000319211 6531_ $$aFinance and Investment$$0319126 000319211 6531_ $$aTrade and Work 000319211 700__ $$aCarbonnier, Gilles 000319211 700__ $$aMehrotra, Rahul 000319211 8564_ $$9b1880e0e-83b8-495b-bf33-4720b4f8221f$$s262433$$uhttps://repository.graduateinstitute.ch/record/319211/files/poldev-6130.pdf 000319211 901__ $$uInternational Economics Department$$0319285 000319211 909CO $$ooai:repository.graduateinstitute.ch:319211$$pGLOBAL_SET$$pIHEID:Explore 000319211 981__ $$aoverwrite