Big flaky misinvoicing numbers now seen as argument against aid. "Poor countries dont need charity". Because illicit financial flows..!https://twitter.com/guardian/status/820210337513357313 …
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Replying to @jasonhickel
but your "$1 in $24 dollars out" includes China, Russia, Saudia Arabia, Kuwait, Malaysia on the 'out' side?
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Replying to @MForstater
Yes, correct. For every dollar of aid the developing world receives, they lose $24 in net outflows. It is an aggregate figure.
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Replying to @jasonhickel
meaningless though: Aggregating small/poorer economies & large economies/ non aid recipients into 'they'
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Replying to @MForstater
My own country of Swaziland: $100mn in aid, $600mn in illicit outflows.
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Replying to @jasonhickel
these are all *gross* apparent illicit outflows (if you think the misinvoicing methodology works despite SA gold etc..)
8:30 AM - 15 Jan 2017
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