Cover Story
‘The Ugliest Chapter Since Slavery’: How Illicit Financial Flows Thwart Human Rights in Africa
Editorial Board
for most nations in Africa, where illicit financial flows (IFFs) rob countries of $60-100 billion dollars each year — losses in many countries that exceed foreign direct investments and development assistance. Funds that could be used to secure basic economic and social rights — for example the rights to social security, decent work, and human dignity — are instead held in secret tax havens for the benefit of corporate elites.
The Universal Declaration of Human Rights turned 70 on December 10. Governments and civil society organizations around the world commemorated the day with a range of…
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