This briefing paper is primarily focused on financial transfers – those transfers to and from developing countries in the wider context of radical inequalities and human underdevelopment. It is an ongoing story that concerns each and every one of us – not just politicians, business people and policymakers.
Download Catch Them If You Can (PDF)
Publication Date: 31 August 2020
Authors: Tony Daly and Colm Regan
Publisher: 80:20 Educating and Acting for a Better World
ISBN: 978-0-9930234-5-3
For more, check out the Catch Them If You Can online hub.
Graphics from the report are available for onward use (non-profit use).
- Figure 1. The 5 to 1 Reality
- Figure 2. How a trillion dollars would stack up
- Figure 3. Net transfers from developing countries to developed economies
- Figure 4. Blending legal, illicit and illegal finance
- Table 1. Balance sheet of illegal activities
As part of keeping track of how our materials are used, email the team letting us know (we really appreciate this!) for use in presentations, editorials, blogs, teaching resources etc. and attribute the source as: Catch Them If You Can report (2020) by 80:20 Educating and Acting for a Better World.
Table of Contents
The 5 to 1 Reality
Introduction
What really is a million, or a billion…or a trillion?
Confused about legal, illegal and illicit flows?
1. Financial transfers: who wins, who loses?
2. Global Financial Transfers – patterns, trends and consequences
3. We are all involved, usually unknowingly
How it works 1 Corporations and ‘transfer pricing’
How it works 2 State aid tools of attraction
How it works 3 How to shift profits into a tax haven
4. Illicit or illegal financial transfers – a summary
5. Thinking about what next?
Data sources
Acknowledgements
About the Citizens for Financial Justice initiative
80:20 Educating and Acting for a Better World is member of the EU-wide initiative Citizens for Financial Justice.
Citizens for Financial Justice is a diverse group of European partners – from local grassroots groups to large international organisations – with a shared vision of informing and connecting citizens to act together to make the global finance system work better for everybody.
CfFJ aims to support the implementation of the Sustainable Development Goals (SDGs) by mobilising EU citizens to support effective financing for development (FfD).
Our funding
Citizens for Financial Justice is part funded by the European Union’s DEAR programme (Development Education and Awareness Raising).
The Catch Them If You Can project is produced with the financial support of the European Union and Irish Aid. It is the sole responsibility of 80:20 Educating and Acting for a Better World and does not necessarily reflect the views of the European Union.
