Working Paper
A look offshore: unpacking the routes of misinvoicing in international trade
We study whether misinvoicing in international trade is reflected in cross-border bank accounts as reported by offshore financial centres. We show that residents hold more offshore wealth when local misinvoicing practices thrive, especially for under...
In the media
Is foreign direct investment driving capital flight from Africa? Real News interviews Léonce Ndikumana on a recent UNU-WIDER study
Real News interviewed Léonce Ndikumana, director of the Foreign Policy Programme at the Political Economy Research Institute (PERI), on a recent WIDER Working Paper on capital flight from sub-Saharan African countries authored by Ndikumana and Mare Sarr from University of Cape Town’s School of Economics.