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Title: required reading
Review: Working in the financial sector in emerging markets, this was a fascinating shot across the bows. It should be required reading for anyone potentially involved in the effects of flight capital. This relates not to illegal movements but also to the legal (but immoral?) movement of money from poor countries to rich country priavte bank accounts.The machanisms by which poor countries remain poor, while benefitting banks in rich countries makes for worriesome reading. Highly recommended.
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