Dirty Money and Development
To commemorate its founding 25 years ago, PS is republishing a selection of commentaries written since 1994. In the following commentary, Sri Mulyani Indrawati explained what it would take to crack down on the illicit capital flows that are depriving developing and emerging economies of the funds needed to end poverty.
WASHINGTON, DC β The world has made enormous progress in recent decades in the fight against poverty. But, as 2015 begins, one billion people β one in seven β still live on less than $1.25 per day.