Africa’s Missing Millions: Illicit Financial Flows

Africa’s Missing Millions: Illicit Financial Flows (Oxford)

Date: Monday 7th March, 5.00pm
Venue: Oxford Department of International Development (QEH),
3 Mansfield Road, Oxford

Date: Monday 8th March, 6.00pm
Venue: Committee Room 9, Palace of Westminster, Houses of Parliament 20 Dean’s Yard, City of London SW1



  • Dev Kar

Event description:

By 2008 Africa had lost upwards of $854bn in illicit capital outflows – twice as much as its inflows of development aid. According to some estimates, the actual figure may be as high as $1.8 trillion.

Mispricing and transfer pricing by companies are among the main culprits, finds Dev Kar, author of the report.

Dev Kar is the Lead Economist at Global Financial Integrity, a Washington DC-based think tank, and former Senior Economist with the IMF. Over a career spanning nearly 32 years, Kar has worked on a number of issues surrounding development lending programmes, technical assistance, economic monitoring, and, more recently, illicit financial flows from developing states.

The discussion will be followed by a drinks reception.

Oxford Lecture: Please RSVP by 28 February 2011 to:
London Lecture: Please RSVP for all RAS events at

This event is part of the Royal African Society’s Corruption Series in collaboration with the Global Economic Governance Speaker Series (Hilary Term 2010) and the Oxford Department of International Development.

To check the updated schedule and confirm the details of each event closer to the time consult ‘Events’ at

Source: Royal African Society

Did you find this information helpful? If you did, consider donating.

Leave a Comment

Your email address will not be published. Required fields are marked *