What Did the Panama Papers Reveal About Africa (and the World)?

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A new report by Alvin Mosioma titled Panama Papers and the Looting of Africa provides insights into how complex corporate structures are used deliberately to hide away massive amounts of capital in tax havens. His findings depart from the popular discourse and approach to illicit financial flows, which has generally focused on how developing countries are poorly governed (the so-called anti-corruption consensus), rather than on systemic failure in the global financial architecture.

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