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29. Dirty money: How it undermines the global economy and how we can fix it

29. Dirty money: How it undermines the global economy and how we can fix it

FromThe Weekly Tradecast by UNCTAD


29. Dirty money: How it undermines the global economy and how we can fix it

FromThe Weekly Tradecast by UNCTAD

ratings:
Length:
8 minutes
Released:
Jan 19, 2023
Format:
Podcast episode

Description

In this episode of The Weekly Tradecast, we talk about illicit financial flows with UNCTAD’s officer in charge of statistics, Anu Peltola. 
Dirty money from terrorists and criminal groups fuels violence and instability, while the Panama Papers have exposed how secretive offshore companies allow corrupt politicians and the wealthy to stash away huge amounts.  
Apart from being illegal, the murky transactions deprive governments of revenues to invest in hospitals, education and services. 
Tune in to Anu to find out why illicit financial flows are so damaging and how we can fix the problem. 
Released:
Jan 19, 2023
Format:
Podcast episode

Titles in the series (92)

This series by the UN trade and development body explores how major economic events are affecting developing countries and the lives of billions of people.