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Econometrics Commons

Open Access. Powered by Scholars. Published by Universities.®

2010

Macroeconomics

Illicit financial flows, underground economy

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Full-Text Articles in Econometrics

The Drivers And Dynamics Of Illicit Financial Flows From India: 1948-2008, Dev Kar Nov 2010

The Drivers And Dynamics Of Illicit Financial Flows From India: 1948-2008, Dev Kar

Dev Kar

No abstract provided.


The Drivers And Dynamics Of Illicit Financial Flows From India: 1948-2008, Dev Kar May 2010

The Drivers And Dynamics Of Illicit Financial Flows From India: 1948-2008, Dev Kar

Dev Kar

This study examines the magnitude of illicit financial flows from India, analyzing the drivers and dynamics of these flows in the context of far-ranging reform. In the process, it represents perhaps the most comprehensive study on the subject matter, both in terms of the range of issues involved and the time span covered. At its heart is a dynamic simulation model which seeks to capture the complex interplay of economic, structural, and governance issues that underlie the generation and cross-border transfer of illicit capital. Due to the random nature of illicit flows, this model cannot be used to forecast such …