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 @MForstater
I know very little about this, but am interested. How confident are we about the size of these illicit flows?
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Replying to @_alice_evans @jasonhickel
Really not very (In more academic language: https://ideas.repec.org/p/zbw/darddp/227.html … https://www.wider.unu.edu/publication/capital-flight-and-development …)
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Replying to @MForstater @jasonhickel
even if smaller than some estimate, is it possible that illicit outflows are larger than aid inflows?
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Replying to @_alice_evans
In some countries certainly. But are different things - one is public money, other can be private. Its not a good comparator
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Replying to @MForstater
does that matter?
@jasonhickel says rich countries present selves as providing 'charity', while abetting & profitting from IFFs?2 replies 0 retweets 0 likes -
even if we don't know the exact scale, it is possible that outflows exceed inflows? why does public/private matter?
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Replying to @_alice_evans
because someone moving $1 of own money (eg. to avoid currency controls) is not same as a kleptocrat hiding $1 of public money
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Replying to @MForstater
Ah yes. Sorry, I thought you meant aid inflows are public money and outflows are all private. I misunderstood your tweet. Soz.
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I tried to make sense of it here:https://www.cmi.no/publications/5979-illicit-flows-and-trade-misinvoicing …
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