Estimating illicit financial flows (IFFs) through trade mispricing in Zimbabwe
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Date
2020
Authors
Chamisa, Moses
Journal Title
Journal ISSN
Volume Title
Publisher
Kenya School of Revenue Administration
Abstract
The study presents an analysis of the quantum and destinations of illicit financial flows through
trade mispricing from Zimbabwe for the period 2009-2018. The study also contributes to
literature given the dearth in existing literature on illicit financial flows from Zimbabwe.
Utilising the Gross Excluding Reversals approach, illicit financial flows through trade
mispricing from Zimbabwe for the period under study are estimated at US$11.52 billion. The
major destinations of illicit financial flows through trade mispricing from Zimbabwe are China,
South Africa, India, Netherlands, Italy and Botswana. The study argues that US$11.52 billion
is a significant figure that is hindering socio-economic growth in the country that warrants the
attention of policy makers, and it is recommended that among other issues, the government
start recognising IFFs as key risk to socio-economic development.
Description
ATCR Journal Article
Keywords
Illicit Financial Flows, Trade Mispricing, Gross Excluding Reversals (GER)
Citation
Chamisa, M. (2020). Estimating Illicit Financial Flows (IFFs) Through Trade Mispricing in Zimbabwe: A Gross Excluding Reversals (GER) Approach. African Tax and Customs Review, 3(1), p17-29. Retrieved from https://atcr.kra.go.ke/ojs/index.php/atcr/article/view/62