Developing countries lose billions annually through tax avoidance and evasion. New UN-led initiatives are helping but global action is still required
Blog: Financing development through better domestic resource mobilization
Over the last 15 years, developing countries have increased domestic revenues by on average 14% annually. Domestic revenues of developing economies amounted to USD 7.7 trillion in 2012; that’s USD 6 trillion more than in 2000. Domestic resources are the largest, most important and most stable source of finance for development. Can we expect these resources to keep on increasing in the coming years?
Blog: The Addis Ababa Action Agenda: A step forward on financing for development?
The Addis Ababa Action Agenda (AAAA) lays out the steps the international community promises to take to fund the world’s new sustainable development agenda – to be agreed in New York in September. What does it promise?