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Plugging a USD 500 billion leak

Opinion December 03, 2007
More than USD500 billion leaks out of developing countries annually in the form of capital flight. If the fairy godmother of the development community asked us to make one wish she would grant, I would say, without any hesitation whatsoever: “plug the leaks".
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Sony Kapoor is a consultant on international finance, environment and development.

 

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