IFFs and oil commodity trading series - OECD

ILLICIT FINANCIAL FLOWS IN OIL AND GAS COMMODITY TRADE: EXPERIENCE, LESSONS AND PROPOSALS

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Oil trade activities constitute the most significant source of domestic resource mobilisation for oil producing developing countries. Yet, corruption and illicit financial flows (IFFs) also expose them to macro-critical risks of economic instability, exacerbating their often-high vulnerability to chronic poverty, fragility and episodic conflict.

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