draining development.pdf - Khazar University

More documents

Recommendations

Info

© 2012 International Bank for Reconstruction and Development /International Development Association or The World Bank1818 H Street NWWashington DC 20433Telephone: 202-473-1000Internet: www.worldbank.org1 2 3 4 15 14 13 12This volume is a product of the staff of The World Bank with external contributions. Thefindings, interpretations, and conclusions expressed in this volume do not necessarily reflectthe views of The World Bank, its Board of Executive Directors, or the governmentsthey represent.The World Bank does not guarantee the accuracy of the data included in this work. Theboundaries, colors, denominations, and other information shown on any map in this workdo not imply any judgment on the part of The World Bank concerning the legal status ofany territory or the endorsement or acceptance of such boundaries.Rights and PermissionsThe material in this work is subject to copyright. Because The World Bank encouragesdissemination of its knowledge, this work may be reproduced, in whole or in part, fornoncommercial purposes as long as full attribution to the work is given.For permission to reproduce any part of this work for commercial purposes, pleasesend a request with complete information to the Copyright Clearance Center Inc., 222Rosewood Drive, Danvers, MA 01923, USA; telephone: 978-750-8400; fax: 978-750-4470;Internet: www.copyright.com.All other queries on rights and licenses, including subsidiary rights, should be addressedto the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433,USA; fax: 202-522-2422; e-mail: pubrights@worldbank.org.ISBN (paper): 978-0-8213-8869-3ISBN (electronic): 978-0-8213-8932-4DOI: 10.1596/978-0-8213-8869-3Library of Congress Cataloging-in-Publication DataDraining <strong>development</strong>? : controlling flows of illicit funds from developing countries /edited by Peter Reuter.p. cm.Includes bibliographical references and index.ISBN 978-0-8213-8869-3 — ISBN 978-0-8213-8932-4 (electronic)1. Tax administration and procedure —Developing countries. 2. Money laundering—Developing countries. 3. Tax evasion—Developing countries. 4. Transfer pricing—Taxation—Law and legislation—Developing countries. I. Reuter, Peter, 1944–HJ2351.7.D73 2011364.1’33—dc232011039746Cover design by Drew Fasick of the Fasick Design Group.
ContentsForewordAcknowledgmentsContributorsAbbreviationsixxixiiixv1. Introduction and Overview:The Dynamics of Illicit Flows 1Peter ReuterPart I. The Political Economy of Illicit Flows 192. Governance and Illicit Flows 21Stephanie Blankenburg and Mushtaq Khan3. The Political Economy of ControllingTax Evasion and Illicit Flows 69Max Everest-Phillips4. Tax Evasion and Tax Avoidance:The Role of International Profit Shifting 109Clemens Fuest and Nadine RiedelPart II. Illegal Markets 1435. Illicit Capital Flows and Money Launderingin Colombia 145Francisco E. Thoumi and Marcela Anzolav
Page 1: Public Disclosure AuthorizedPublic
Page 5: DRAININGDEVELOPMENT?Controlling Flo
Page 9 and 10: Contents vii15. Policy and Research
Page 11 and 12: ForewordThe subject of Draining Dev
Page 13 and 14: AcknowledgmentsThis project was ini
Page 15 and 16: ContributorsMarcela Anzola is a leg
Page 17 and 18: AbbreviationsAFDIALPAMLATMBLSBNPCBN
Page 19 and 20: 1Introduction and Overview:The Dyna
Page 21 and 22: Introduction and Overview: The Dyna
Page 37: Part IThe Political Economyof Illic
Page 40 and 41: 22 Draining Developmentvital to hav
Page 42 and 43: 24 Draining Developmentinstitutiona
Page 44 and 45: 26 Draining Developmentdemanding wa
Page 46 and 47: 28 Draining Developmentthe early 19
Page 48 and 49: 30 Draining Developmentthe primary
Page 50 and 51: 32 Draining Developmentsomewhere el
Page 52 and 53: 34 Draining Developmentonly of unre
Page 54 and 55: 36 Draining Development2. The socia
Page 56 and 57:
38 Draining Developmentdeveloping c
Page 58 and 59:
40 Draining Development8.5 times, m
Page 60 and 61:
42 Draining DevelopmentTo understan
Page 62 and 63:
44 Draining Developmentcaptured by
Page 64 and 65:
46 Draining Developmentlead to a li
Page 66 and 67:
48 Draining Developmentis turned, m
Page 68 and 69:
50 Draining Developmentprofitabilit
Page 70 and 71:
52 Draining Developmentpromote grow
Page 72 and 73:
54 Draining DevelopmentLatin Americ
Page 74 and 75:
56 Draining DevelopmentWe should no
Page 76 and 77:
58 Draining DevelopmentTable 2.2. I
Page 78 and 79:
60 Draining Developmentpolicies in
Page 80 and 81:
62 Draining Developmentattempt to r
Page 82 and 83:
64 Draining DevelopmentMalawi is no
Page 84 and 85:
66 Draining DevelopmentGlobal Witne
Page 86 and 87:
68 Draining Development———. 2
Page 88 and 89:
70 Draining Developmentillicit capi
Page 90 and 91:
72 Draining Developmentgovernance i
Page 92 and 93:
74 Draining Developmentpopular Russ
Page 94 and 95:
76 Draining Developmentthe rent see
Page 96 and 97:
78 Draining Developmenthorizons tha
Page 98 and 99:
80 Draining Development(compared wi
Page 100 and 101:
82 Draining Developmentproviding be
Page 102 and 103:
84 Draining Developmentessential to
Page 104 and 105:
86 Draining Developmentfrom the gen
Page 106 and 107:
88 Draining DevelopmentControlling
Page 108 and 109:
90 Draining Developmentincome ones,
Page 110 and 111:
92 Draining Developmentmutual oblig
Page 112 and 113:
94 Draining Developmentincentives a
Page 114 and 115:
96 Draining Developmentcoverage), (
Page 116 and 117:
98 Draining Development40. The Nati
Page 118 and 119:
100 Draining DevelopmentDFID (U.K.
Page 120 and 121:
102 Draining DevelopmentHayoz, N.,
Page 122 and 123:
104 Draining DevelopmentPolicy. Hel
Page 124 and 125:
106 Draining DevelopmentThies, C. 2
Page 127 and 128:
4Tax Evasion and Tax Avoidance:The
Page 129 and 130:
Tax Evasion and Tax Avoidance: The
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Page 143 and 144:
Page 145 and 146:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159:
Page 163 and 164:
5Illicit Capital Flows and MoneyLau
Page 165 and 166:
Illicit Capital Flows and Money Lau
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Page 173 and 174:
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
6Human Trafficking andInternational
Page 191 and 192:
Human Trafficking and International
Page 193 and 194:
Page 195 and 196:
Page 197 and 198:
Page 199 and 200:
Page 201 and 202:
Page 203 and 204:
Page 205 and 206:
Page 207 and 208:
Page 209 and 210:
Page 211 and 212:
Page 213 and 214:
Page 215 and 216:
Page 217 and 218:
Page 219 and 220:
Page 221:
Part IIITo What Extent DoCorporatio
Page 224 and 225:
206 Draining Development?Introducti
Page 226 and 227:
208 Draining Development?1979). The
Page 228 and 229:
210 Draining Development?Why Engage
Page 230 and 231:
212 Draining Development?Transfer P
Page 232 and 233:
214 Draining Development?• If exp
Page 234 and 235:
216 Draining Development?Income shi
Page 236 and 237:
218 Draining Development?such studi
Page 238 and 239:
220 Draining Development?between re
Page 240 and 241:
222 Draining Development?transactio
Page 242 and 243:
224 Draining Development?Some resea
Page 244 and 245:
226 Draining Development?(mostly by
Page 246 and 247:
228 Draining Development?the abilit
Page 248 and 249:
230 Draining Development?———.
Page 250 and 251:
232 Draining Development?———.
Page 253 and 254:
8The Role of Transfer Pricing inIll
Page 255 and 256:
The Role of Transfer Pricing in Ill
Page 257 and 258:
Page 259 and 260:
Page 261 and 262:
Page 263 and 264:
Page 265 and 266:
Page 267 and 268:
Page 269 and 270:
Page 271 and 272:
Page 273 and 274:
Page 275 and 276:
Page 277 and 278:
Page 279 and 280:
Page 281 and 282:
Page 283 and 284:
9Accounting for theMissing Billions
Page 285 and 286:
Accounting for the Missing Billions
Page 287 and 288:
Page 289 and 290:
Page 291 and 292:
Page 293 and 294:
Page 295 and 296:
Page 297 and 298:
Page 299 and 300:
Page 301 and 302:
Page 303 and 304:
Page 305 and 306:
Page 307 and 308:
Page 309 and 310:
Page 311 and 312:
Page 313 and 314:
Page 315 and 316:
Page 317 and 318:
Page 319 and 320:
Page 321 and 322:
Page 323 and 324:
Page 325:
Page 328 and 329:
310 Draining Development?Introducti
Page 330 and 331:
312 Draining Development?Discrepanc
Page 332 and 333:
314 Draining Development?barriers t
Page 334 and 335:
316 Draining Development?Table 10.1
Page 336 and 337:
318 Draining Development?of double
Page 338 and 339:
320 Draining Development?Table 10.2
Page 340 and 341:
322 Draining Development?Lugovskyy
Page 342 and 343:
324 Draining Development?they find
Page 344 and 345:
326 Draining Development?should bec
Page 346 and 347:
Table 10.4. Largest Trade Gaps, 200
Page 348 and 349:
Table 10.5. Underreporting of Expor
Page 350 and 351:
332 Draining Development?5. Kar and
Page 352 and 353:
334 Draining Development?Herrigan,
Page 355 and 356:
11Tax Havens and Illicit FlowsAlex
Page 357 and 358:
Tax Havens and Illicit Flows 339Thi
Page 359 and 360:
Tax Havens and Illicit Flows 341The
Page 361 and 362:
Tax Havens and Illicit Flows 343cif
Page 363 and 364:
Tax Havens and Illicit Flows 345If
Page 365 and 366:
Tax Havens and Illicit Flows 347ity
Page 367 and 368:
Tax Havens and Illicit Flows 349(se
Page 369 and 370:
Tax Havens and Illicit Flows 351Not
Page 371 and 372:
Tax Havens and Illicit Flows 353sio
Page 373 and 374:
Tax Havens and Illicit Flows 355mis
Page 375 and 376:
Tax Havens and Illicit Flows 357tai
Page 377 and 378:
Tax Havens and Illicit Flows 3593.
Page 379 and 380:
Tax Havens and Illicit Flows 361usu
Page 381 and 382:
Tax Havens and Illicit Flows 363Fig
Page 383 and 384:
Tax Havens and Illicit Flows 365the
Page 385 and 386:
Tax Havens and Illicit Flows 3675.
Page 387 and 388:
Tax Havens and Illicit Flows 369—
Page 389:
Tax Havens and Illicit Flows 371Tor
Page 392 and 393:
374 Draining Development?to be any
Page 394 and 395:
376 Draining Development?either by
Page 396 and 397:
378 Draining Development?driving up
Page 398 and 399:
380 Draining Development?unemployme
Page 400 and 401:
382 Draining Development?Wrong 2000
Page 402 and 403:
384 Draining Development?countries.
Page 404 and 405:
386 Draining Development?held. 19 W
Page 406 and 407:
388 Draining Development?Situationa
Page 408 and 409:
390 Draining Development?from Cayma
Page 410 and 411:
392 Draining Development?has been r
Page 412 and 413:
394 Draining Development?Case 2. Up
Page 414 and 415:
396 Draining Development?majority.
Page 416 and 417:
398 Draining Development?conceptual
Page 418 and 419:
400 Draining Development?Member cou
Page 420 and 421:
402 Draining Development?Box 12.1 A
Page 422 and 423:
404 Draining Development?this level
Page 424 and 425:
406 Draining Development?set agains
Page 426 and 427:
408 Draining Development?2. A paral
Page 428 and 429:
410 Draining Development?• By cor
Page 430 and 431:
412 Draining Development?Auld, R. 2
Page 433 and 434:
13The Kleptocrat’s Portfolio Deci
Page 435 and 436:
The Kleptocrat’s Portfolio Decisi
Page 437 and 438:
Page 439 and 440:
Page 441 and 442:
Page 443 and 444:
Page 445 and 446:
Page 447 and 448:
Page 449 and 450:
Page 451 and 452:
Page 453 and 454:
Page 455 and 456:
Page 457 and 458:
Page 459 and 460:
Page 461 and 462:
Page 463 and 464:
Page 465 and 466:
Page 467 and 468:
Page 469 and 470:
Page 471:
Page 475 and 476:
14The Practical Political Economyof
Page 477 and 478:
The Practical Political Economy of
Page 479 and 480:
Page 481 and 482:
Page 483 and 484:
Page 485 and 486:
Page 487 and 488:
Page 489 and 490:
Page 491 and 492:
Page 493 and 494:
Page 495 and 496:
Page 497 and 498:
Page 499 and 500:
Page 501 and 502:
15Policy and Research Implicationso
Page 503 and 504:
Policy and Research Implications of
Page 505 and 506:
Page 507 and 508:
Page 509 and 510:
Page 511 and 512:
Page 513 and 514:
Page 515 and 516:
Page 517 and 518:
Page 519 and 520:
Page 521 and 522:
Page 523 and 524:
Page 525 and 526:
IndexBoxes, figures, notes, and tab
Page 527 and 528:
Index 509in developing countries, 2
Page 529 and 530:
Index 511ChinaAML controls and, 401
Page 531 and 532:
Index 513Ethiopia, and tax havens,
Page 533 and 534:
Index 515government territorial con
Page 535 and 536:
Index 517Indiadistortionary governm
Page 537 and 538:
Index 519Kudrle, R., 340-41, 345Kuw
Page 539 and 540:
Index 521informal economy, 145, 150
Page 541 and 542:
Index 523Paraguayhuman trafficking
Page 543 and 544:
Index 525SSalinas, Paulina, 394Sali
Page 545 and 546:
Index 527political economy model of
Page 547 and 548:
Index 529Trocca, 394Truman, E. M.,
Page 549 and 550:
Index 531Willmott, H., 207windfall
Page 552:
AGROWING CONCERN AMONG THOSE INTERE
show all

draining development.pdf - Khazar University

Create successful ePaper yourself

Delete template?

Save as template?