scholarly journals Introduction

2020 ◽  
pp. 1-4
Author(s):  
Alex Cobham ◽  
Petr Janský
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Critical Survey ◽  
Financial Flows ◽  
Illicit Flows ◽  
Development Goals ◽  
Illicit Financial Flows ◽  
Global Agreement ◽  
First Time ◽  
Prospect Of Success

Global agreement in 2015 on the UN Sustainable Development Goals framework, to guide worldwide progress in the period to 2030, includes for the first time a target to reduce illicit financial flows (IFF). But without agreement on methodologies to measure the scale of IFF, it is not clear that global, regional or national efforts have any prospect of success. This book provides a critical survey of the leading methodologies and data for estimating illicit flows, with particular attention to tax-related IFF. This chapter lays out the structure of the book, and outlines the approach taken.

Addis agenda lays down funding task for multilaterals

2015 ◽  
Keyword(s):  
New York ◽  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Addis Ababa ◽  
Multilateral Development Banks ◽  
Financial Flows ◽  
Content Type ◽  
The Sustainable Development ◽  
Development Goals ◽  
Illicit Financial Flows

Subject Financing the Sustainable Development Goals (SDGs). Significance After a year of intensive negotiations, on July 16 the third UN conference for Financing for Development (FFD) culminated in 193 countries signing the Addis Ababa Action Agenda. The document sets out broad principles on how to mobilise finance in sufficient quantities to achieve the new Sustainable Development Goals (SDGs), which will be agreed in September in New York. The negotiations generated consensus around new norms on tax cooperation and illicit financial flows (IFFs), but also set ambitious expectations for multilateral development banks (MDBs). Impacts Addis begins a key year for development finance, culminating in December's Conference of the Parties (COP21) on climate change in Paris. The goal of COP21 is to draft the first universal climate agreement, which should take effect by 2020 at the latest. However, COP21 must also aim to map out a credible path towards mobilising 100 billion dollars per year in climate finance.

scholarly journals Conclusion

2020 ◽  
pp. 172-182
Author(s):  
Alex Cobham ◽  
Petr Janský
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
National Policy ◽  
Financial Flows ◽  
The Sustainable Development ◽  
Development Goals ◽  
Illicit Financial Flows

This book asks: Which flows fall under the umbrella term, ‘illicit financial flows’ (IFF)? How will progress in reducing them be measured? How will that progress be achieved? And who is ultimately accountable? In this closing chapter, we summarise the findings of the volume on these questions, including in respect of the quality of existing estimates, their methodology and data and the likely scope for progress; and on the potential for scale and non-scale indicators of illicit financial flows for global targets, including the Sustainable Development Goals, and for national policy prioritisation. With political progress on the SDG target likely to be difficult, we also identify other opportunities to move the IFF agenda forward in the UN context.

Tax-related illicit financial flows and human rights

2018 ◽  
Vol 25 (3) ◽  
pp. 750-769 ◽  
Author(s):  
Juan Pablo Bohoslavsky
Keyword(s):  
Sustainable Development ◽  
Human Rights ◽  
Tax Evasion ◽  
Sustainable Development Goals ◽  
Financial Flows ◽  
Content Type ◽  
The Sustainable Development ◽  
Multidimensional Complex ◽  
Development Goals ◽  
Illicit Financial Flows

Purpose This paper aims to discuss the tax-related illicit financial flows from a human rights perspective. It argues that curbing illicit financial flows, and specifically tax abuse, is essential not only for realizing human rights but also for achieving the sustainable development goals. It provides definitions of tax evasion and avoidance, as well as estimations of illicit financial flows. It studies the tax abuse implications for human rights and sustainable development, as well as the obligations in the field of human rights and tax abuse. It also critically assesses the recent international initiatives aim at curbing illicit financial flows. It concludes with a set of recommendations on how to curb illicit financial flows. Design/methodology/approach This paper combines economic, legal and policy perspectives to study the multidimensional, complex and global problem of illicit financial flows. It not only proposes an explanation of the volume, roots and economic, social and human rights implications of illicit financial flows but it also proposes reforms that states and other stakeholders need to implement in order to curb this phenomenon. Findings Combating tax abuse and illicit financial flows more broadly, is essential to make better progress in realizing international human rights obligations. The inclusion of a specific target to reduce illicit financial flows under the sustainable development goals makes clear that curbing such flows is also essential for creating an enabling environment for sustainable development. While we should applaud that reducing illicit financial flows is mentioned in one of the targets of the sustainable development goals, the target remains broad and vague. Specific measures to operationalize this target are needed to ensure that progress is achieved and that such progress can be tracked and measured. The author presents recommendations for discussion. To promote accountability, the recommendations are addressed to specific stakeholders. Originality/value This paper tries to contribute to improve our knowledge and understanding of illicit financial flows and tax abuse more specifically at global level and their implications for human rights, to make the need for change more compelling, as well as to stimulate the debate around reforms that need to be implemented to curb illicit financial flows.

scholarly journals Estimating Illicit Financial Flows

2020 ◽  
Author(s):  
Alex Cobham ◽  
Petr Janský
Keyword(s):  
Market Regulation ◽  
Critical Survey ◽  
Financial Flows ◽  
Illicit Flows ◽  
Development Goals ◽  
Illicit Financial Flows ◽  
Proceeds Of Crime ◽  
Quality Of Governance ◽  
Company Accounts

Illicit financial flows constitute a global phenomenon of massive but uncertain scale, which erodes government revenues and drives corruption in countries rich and poor. In 2015, the countries of the world committed to a target to reduce illicit flows, as part of the UN Sustainable Development Goals. But five years later, there is still no agreement on how that target should be monitored—to say nothing of how it will be achieved. The term ‘illicit financial flows’ covers a range of corrupt practices, aimed at obtaining immunity or impunity from criminal law, from market regulation and from taxation. Illicit flows occur through many different channels, whether they involve laundering the proceeds of crime, for example, or shifting the profits of multinational companies. There are two consistent features. First, illicit flows are deliberately hidden. These cross-border movements of assets and income streams depend on a set of common tools including opaque company accounts, legal vehicles for anonymous ownership, and the secrecy jurisdictions that provide these services. Second, the overall effect of illicit flows is to reduce the revenue available to states, and to weaken the quality of governance—so there is less money to support human development, and it is less likely to be spent well. In this book, two of the economists most closely involved in the process to develop UN indicators of illicit financial flows offer a critical survey of the existing data and methodologies, identifying the most promising avenues for future improvement and setting out their own proposals.

scholarly journals Regional Status Report 2020: Preventing and Responding to Violence against Children in the Americas

2020 ◽  
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Status Report ◽  
Evidence Based ◽  
The Sustainable Development ◽  
Violence Against Children ◽  
Depth Analysis ◽  
Development Goals ◽  
First Time ◽  
Global Strategies

Violence against children is widespread in the Region of the Americas and it takes many different, equally unacceptable forms. This report is a major milestone for the Region, because it is the first of its kind. It specifically builds on and is informed by the momentum of INSPIRE: Seven Strategies to End Violence Against Children, a technical package of seven strategies based on the best available evidence and with the highest potential to end violence against all children. The report provides a more in-depth analysis of strategies and approaches to prevent and respond to violence against children in the Americas. Being in line with the commitment made by Member States to the Sustainable Development Goals (SDGs) and multiple regional and global strategies, attention to this topic is timely. Its importance is further underlined by the fact that it is the first time that governments are self-reporting on their work to address violence against children in line with the evidence-based strategies of INSPIRE. The report comes at unprecedented times, as the COVID-19 pandemic has created a new urgency for action on violence against children. This report offers a baseline of effort in the Region to prevent and respond to violence against all children everywhere.

Aligning G20 Initiatives with Africa’s Development Priorities

2019 ◽  
Vol 34 ◽  
Author(s):  
Faith Tigere
Keyword(s):  
Climate Change ◽  
Sustainable Development ◽  
Sustainable Development Goals ◽  
African Continent ◽  
Economic Community ◽  
Financial Flows ◽  
Development Agenda ◽  
Development Goals ◽  
Agenda 2063

The role of G20 and its impact on African and global policies have always been up for debate. Over the years since the establishment of the G20, policies ranging from climate change, financial flows and sustainable development have increasingly featured on the G20’s agenda. This agenda has expanded over the years to include much broader topics that are increasingly relevant to the global economic community. This has resulted in significant overlaps between the G20’s agenda and the African Union’s Development Agenda for 2063. These have been identified mainly because of the similarities across the UN Sustainable Development Goals (SDGs) that the G20 has strived to incorporate. However, aligning African interests with the G20 agenda remains a core priority particularly for the African continent, which is impacted by G20 policies. In order to reach the envisioned goals set out in Agenda 2063, African priorities need to be fully aligned with those of the G20. With greater inclusivity and representation of African representatives and priorities, combined with support for Africa’s development agenda, more can be achieved that will have a meaningful impact on reaching the goals of the African Union’s Agenda 2063.

scholarly journals New Contributions to the Elimination of Chagas Disease as a Public Health Problem: Towards the Sustainable Development Goals by 2030

2021 ◽  
Vol 6 (1) ◽  
pp. 23
Author(s):  
Jorg Heukelbach ◽  
Andréa Silvestre de Sousa ◽  
Alberto Novaes Ramos
Keyword(s):  
Public Health ◽  
Sustainable Development ◽  
Chagas Disease ◽  
Sustainable Development Goals ◽  
Neglected Tropical Diseases ◽  
Public Health Problem ◽  
Tropical Diseases ◽  
The Sustainable Development ◽  
Development Goals ◽  
First Time

Despite being described for the first time more than 110 years ago, Chagas disease persists as one of the most neglected tropical diseases [...]

scholarly journals What Do We Mean by Sustainable Finance? Assessing Existing Frameworks and Policy Risks

2021 ◽  
Vol 13 (2) ◽  
pp. 975
Author(s):  
Marco Migliorelli
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Cost Of Capital ◽  
Paris Agreement ◽  
Financial Flows ◽  
The Sustainable Development ◽  
Policy Context ◽  
Sustainable Finance ◽  
Development Goals ◽  
The Cost

I observe that the sustainable finance landscape as it stands today is featured by an overabundance of heterogeneous concepts, definitions, industry and policy standards. I argue that such heterogeneity may hinder the smooth development of the conceptual thinking underpinning sustainable finance and originates specific risks that may harm the credibility of the nascent market. These risks include green and sustainable washing, the rebranding of financial flows without additionality, the disordered adjustment in the cost of capital spreads between industries. I argue that to reflect the actual industry and policy context as wells as to steer conceptual and applied practice sustainable finance should be today referred to as “finance for sustainability”. To this extent, both its definition and implementing standards should make clear reference to the relevant sustainability dimensions (in particular in line with the Sustainable Development Goals and the Paris Agreement) and to the sectors or activities that positively contribute to these dimensions.

Introduction

2021 ◽  
pp. 3-6
Author(s):  
Marie-Claire Cordonier Segger
Keyword(s):  
Sustainable Development ◽  
Global Justice ◽  
Sustainable Development Goals ◽  
Ancient Greek ◽  
Financial Flows ◽  
The Sustainable Development ◽  
Academic Context ◽  
Investment Treaty ◽  
Current Trends ◽  
Development Goals

This chapter introduces the reader to the research. As an introductory whimsy, the introduction suggests that if the ancient Greek goddess Athena were to consider current trends, she would decry the lack of attention to global justice, reasoned scholarship and more careful design and negotiation of our current trade, investment and other accords among nations. This chapter highlights the pressing need to ensure that the relations between countries advance environmental, social and economic priorities in an integrated manner, and introduces each of the Sustainable Development Goals (SDGs), which were adopted in recognition of this need. It then sets out the academic context for the book, identifying the current dearth of legal scholarly analysis on how trade and financial flows can affect countries’ potential to meet their sustainable development goals and targets, and how trade and investment treaty rules could foster rather than frustrate sustainability.

scholarly journals SDG 4 and SDG 8 in the knowledge economy: A meta-analysis in the context of post-COVID-19 recovery

2021 ◽  
Vol 5 (1) ◽  
pp. 50-67
Author(s):  
Inna Makarenko ◽  
Alex Plastun ◽  
Yuriy Petrushenko ◽  
Anna Vorontsova ◽  
Stanislaw Alwasiak
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Meta Analysis ◽  
Academic Community ◽  
Decent Work ◽  
Financial Flows ◽  
Publish Or Perish ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Development Goals

Almost all human activity spheres, from the health care system to the education system, were unprepared for the pandemic. This, in turn, has slowed down the progress in achieving sustainable development goals. The Sustainable Development Goals 4 “Quality Education” and 8 “Decent Work and Economic Growth” were particularly vulnerable. In addition, the widespread concern was caused in the context of the transition to a “knowledge-based economy”. This paper analyzes the readiness of the scientific community to provide preconditions for the acceleration of these SDGs achievements. To do this, a meta-analysis of the academic literature on SDG 4, SDG 8, and the knowledge-based economy during 2015–2021 was conducted. Several special methods and instruments were used, including Scopus, WoS, VosViewer, Publish or Perish, Google Trends, and Google Books Ngram Viewer. The results show the inability of the modern academic community to provide a theoretical and empirical framework for a successful transition to a knowledge-based economy, taking into account the need to achieve sustainability. This is partly due to the relative subject novelty and the lack of academic attention. The challenges posed by the pandemic (lockdowns, unemployment, closing of educational institutions, financial flows reorientation, etc.) together with potential threats (new pandemic, climate change, population displacement, armed conflicts, etc.) necessitate a radical intensification of academic activity in economics to achieve SDGs.

Sign in / Sign up

Export Citation Format

Share Document