Follow the Money: Krishen Mehta on Capital Flight

kristy Reforming Global Finance

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Follow the Money: Krishen Mehta on Capital Flight

Krishen Mehta, Julia Taylor Kennedy

How does capital flight work and how big a problem is it? Krishen Mehta of Global Financial Integrity (GFI) explains that in total, developing countries lose close to $1 trillion every year, of which 65 percent is related to commercial tax evasion.