Illicit financial flows and financing of basic social services a comparative study of opportunity cost between CAEMC and WAEMU zone

This study aims to compare the opportunity cost of illicit financial flows in terms of financing basic social services in CAEMC and WAEMU zone. For this, we use the ICOR simulation method based on the Harrod and Domar model and recently applied by Nkurunziza (2015) and Moulemvo (African Economic Rev...

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Veröffentlicht in:	Financing Africa's development
1. Verfasser:	Bouhem, François Colin (VerfasserIn)
Weitere Verfasser:	Gbetnkom, Daniel (VerfasserIn)
Format:	UnknownFormat
Sprache:	eng
Veröffentlicht:	2020
Schlagworte:	Basic social services > CAEMC > ICOR > Illicit financial flows > WAEMU > Aufsatz im Buch
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Zusammenfassung:	This study aims to compare the opportunity cost of illicit financial flows in terms of financing basic social services in CAEMC and WAEMU zone. For this, we use the ICOR simulation method based on the Harrod and Domar model and recently applied by Nkurunziza (2015) and Moulemvo (African Economic Review 28:113–123, 2016). The results of these simulations show that based on the calculated ICOR coefficient, we estimate the loss of GDP in CAEMC at 18 billion USD and that of WAEMU at 13 billion USD. This loss of GDP in the victim countries would make it possible to allocate additional resources for public social spending.
ISBN:	9783030464813