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Developing countries could have less financial outflows than inflows

By Hicbd
Sun Jun 27 2021 12:42 pm

"Twice as much is leaking – or rather flooding – out than the combined inflows of aid, investment, charitable donations and migrant remittances...
Loss one: corporate tax dodging
Loss two: foreign investors making a killing
Loss three: lending to rich countries (yes, really)
Loss four: Paying interest on debts rather than receiving aid"

URL:
https://www.euractiv.com/section/development-policy/opinion/developing-countries-lose-2-for-every-1-they-earn/
https://www.alliancesud.ch/en/politics/finance-and-tax-policy/tax-policy/corporate-tax-reform-harming-poor

URL Credit

Categories:
International Development / Foreign Aid / NGOs Global Fragile States / Nation Building / Democracy Financial Systems / Markets Government Debt / Spending / Budgeting United Nations Corporate / Business Taxes World Bank International Monetary Fund (IMF) Foreign Direct Investment

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