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Illicit financial flows , in economics , are a form of illegal capital flight that occurs when money is illegally earned, transferred, or spent. This money is intended to disappear from any record in the country of origin, and earnings on the stock of illicit financial flows outside a country generally do not return to the country of origin.

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20-545: [REDACTED] Look up IFF  or iff in Wiktionary, the free dictionary. IFF , Iff or iff may refer to: People and characters [ edit ] People [ edit ] Claude Iff (born 1946), Swiss footballer Simone Iff (1924-2014), French political activist Characters [ edit ] Iff of the Unpronounceable Name,

40-1248: A faculty of the Austrian University of Klagenfurt Other uses [ edit ] Illicit financial flows , a concept in economics and finance related to resources that are of illegal origin, use or transfer International Finance Facility , proposed by HM Treasury in conjunction with the Department for International Development of the United Kingdom International freight forwarder , an individual or company that books or otherwise arranges space for shipments between countries via common carriers Utaha language (ISO 639 language code iff ), also known as Ifo, an extinct language from Erromango, Vanuatu See also [ edit ] [REDACTED] Search for "iff" , "i-f-f" , "iff's" , "i-ff" , or "if-f" on Misplaced Pages. All pages with titles beginning with IFF All pages with titles beginning with Iff All pages with titles containing iff If (disambiguation) IIF (disambiguation) Iffs IF2 Topics referred to by

60-1035: A faculty of the Austrian University of Klagenfurt Other uses [ edit ] Illicit financial flows , a concept in economics and finance related to resources that are of illegal origin, use or transfer International Finance Facility , proposed by HM Treasury in conjunction with the Department for International Development of the United Kingdom International freight forwarder , an individual or company that books or otherwise arranges space for shipments between countries via common carriers Utaha language (ISO 639 language code iff ), also known as Ifo, an extinct language from Erromango, Vanuatu See also [ edit ] [REDACTED] Search for "iff" , "i-f-f" , "iff's" , "i-ff" , or "if-f" on Misplaced Pages. All pages with titles beginning with IFF All pages with titles beginning with Iff All pages with titles containing iff If (disambiguation) IIF (disambiguation) Iffs IF2 Topics referred to by

80-591: A fictional character in The Riddle-Master trilogy by Patricia A. McKillip Simon Iff , a fictional character by Aleister Crowley Arts, entertainment, media [ edit ] International film festival , a type of film festival Indonesian Film Festival , an annual film festival in Indonesia Ischia Film Festival , an annual film festival held on the island of Ischia, Italy Inferno, Flame, and Flint ,

100-457: A smart card used on bus services in Cardiff, Wales, United Kingdom Interchange File Format , a computer file format Organizations [ edit ] Sports organizations [ edit ] International Fencing Federation ( Fédération Internationale d'Escrime or FIE), the international governing body for fencing International Floorball Federation , the global governing body for

120-402: A smart card used on bus services in Cardiff, Wales, United Kingdom Interchange File Format , a computer file format Organizations [ edit ] Sports organizations [ edit ] International Fencing Federation ( Fédération Internationale d'Escrime or FIE), the international governing body for fencing International Floorball Federation , the global governing body for

140-405: A software by Autodesk Media and Entertainment "IFF", an episode of The Expanse Mathematics, science, engineering, technology [ edit ] Identification friend or foe , an electronic radio-based identification system for the military If and only if , a biconditional logical connective between statements, where either both statements are true or both are false Iff card ,

160-502: Is different from Wikidata All article disambiguation pages All disambiguation pages IFF [REDACTED] Look up IFF  or iff in Wiktionary, the free dictionary. IFF , Iff or iff may refer to: People and characters [ edit ] People [ edit ] Claude Iff (born 1946), Swiss footballer Simone Iff (1924-2014), French political activist Characters [ edit ] Iff of

180-506: Is different from Wikidata All article disambiguation pages All disambiguation pages Illicit financial flows Illicit financial flows can be generated in a variety of ways that are not revealed in national accounts or balance of payments figures, including trade mispricing , bulk cash movements, hawala transactions, and smuggling . There are several economic models used to provide estimates of illicit financial flows and capital flight. The two most common methods are

200-700: The World Bank Residual Model and the DOTS-based Trade Mispricing Model, which uses the IMF 's Direction of Trade Statistics (DOTS) database to analyze discrepancies in trade statistics between partner countries. Another way to estimate trade mispricing is with the IPPS-based model, which was developed by John Zdanowicz of Florida International University . This method uses individual import and export transactions of

220-667: The United States with the rest of the world to find inconsistencies in export and import prices. Economists also use hot money (Narrow) Method and the Dooley Method in these estimates. A 2013 paper, authorized by Raymond W. Baker , Director of the Global Financial Integrity estimated illicit financial flows "out of developing countries are approximately $ 1 trillion a year". This study also found that China , Russia , and Mexico accounted for

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240-403: The Unpronounceable Name, a fictional character in The Riddle-Master trilogy by Patricia A. McKillip Simon Iff , a fictional character by Aleister Crowley Arts, entertainment, media [ edit ] International film festival , a type of film festival Indonesian Film Festival , an annual film festival in Indonesia Ischia Film Festival , an annual film festival held on

260-468: The island of Ischia, Italy Inferno, Flame, and Flint , a software by Autodesk Media and Entertainment "IFF", an episode of The Expanse Mathematics, science, engineering, technology [ edit ] Identification friend or foe , an electronic radio-based identification system for the military If and only if , a biconditional logical connective between statements, where either both statements are true or both are false Iff card ,

280-403: The same term [REDACTED] This disambiguation page lists articles associated with the title IFF . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=IFF&oldid=1259366945 " Category : Disambiguation pages Hidden categories: Short description

300-403: The same term [REDACTED] This disambiguation page lists articles associated with the title IFF . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=IFF&oldid=1259366945 " Category : Disambiguation pages Hidden categories: Short description

320-548: The sport of floorball Irish Fencing Federation , the governing body for fencing in Ireland Other organizations [ edit ] Iff Books, an imprint of John Hunt Publishing Independent Fianna Fáil , a political party in Ireland Institute For Figuring , an organization that promotes the public understanding of the poetic and aesthetic dimensions of science, mathematics and

340-400: The sport of floorball Irish Fencing Federation , the governing body for fencing in Ireland Other organizations [ edit ] Iff Books, an imprint of John Hunt Publishing Independent Fianna Fáil , a political party in Ireland Institute For Figuring , an organization that promotes the public understanding of the poetic and aesthetic dimensions of science, mathematics and

360-507: The technical arts International Federation of Factory Workers , former trade union international International Flavors & Fragrances , an American corporation which produces flavors and fragrances International Freedom Foundation , a self-described anti-communist group established in Washington, D.C. Fakultät für Interdisziplinäre Forschung und Fortbildung ( Faculty for Interdisciplinary Research and Continuing Education ),

380-448: The technical arts International Federation of Factory Workers , former trade union international International Flavors & Fragrances , an American corporation which produces flavors and fragrances International Freedom Foundation , a self-described anti-communist group established in Washington, D.C. Fakultät für Interdisziplinäre Forschung und Fortbildung ( Faculty for Interdisciplinary Research and Continuing Education ),

400-412: The three largest shares of worldwide illicit financial flows. The United Nations Sustainable Development Goal 16 has a target to significantly reduce illicit financial flows and strengthen recovery and return of stolen assets by 2030. In Pakistan estimates of illicit financial flows put over $ 10 billion as escaping taxation and being siphoned off outside the country. This is with nearly one third of

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