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As always you've made a very strong case... Just one question - is the original definition (focused on acts clearly illegal - which varies somewhat from place to place) measurable? Could the SDG target of reducing IFFs therefore actually be tracked if we went back to this?
Not in any easy way. There are efforts to bridge between bottom up crime-by-crime estimates & natnl accounts on one hand https://erskinomics.files.wordpress.com/2018/07/erskine-illicit-financial-flows-part-ii-count-the-devils.pdf … & AML National Risk Assessments on the other, which look at risks, threats & vulnerabilities http://www.fatf-gafi.org/publications/methodsandtrends/documents/ml-tf-risks.html … - both early stage
I think in international SDG discussion need honest reflection 'we thought that top down $ measure was possible, but it isn't'... lets be clear on concepts, what we know, learning on bottom-up assessments, no-regrets action, testing effectiveness of AML https://www.oecd.org/corruption/Illicit_Financial_Flows_from_Developing_Countries.pdf …
what is important isn't always measurable & vice-versa....
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