May 29, 2009
Monique Perry Danziger, +1 202 293 0740 ext. 222
Global Financial Integrity
Monique Perry Danziger, +1 202 293 0740 ext. 222
WASHINGTON, DC – Dev Kar, Lead Economist for Global Financial Integrity (GFI) and author of the highly-publicized GFI report “Illicit Financial Flows from Developing Countries: 2002-2006,” will visit Mumbai, Pune, Jamshedpur, Calcutta, and Delhi over the course of a three-week tour of India starting Monday, June 1st.
Dr. Kar will be talking about his work on illicit financial flows including measuring quantity and patterns of illicit outflows from developing countries and tracking illicit flight capital once it leaves its country of origin.
Dr. Kar will also be discussing the impact of illicit capital flight on developing economies, U.S. and international initiatives to increase transparency within the global financial system, and what individual nations, such as India, may do to curtail yearly outflows of “black money’ that cumulatively drain as much as $1 trillion a year out of the developing world-$27 billion from India alone.
Dr. Kar will be available for one-on-one meetings and television and radio appearances upon request. Journalists, television and radio producers, academics, and government officials are encouraged to take advantage of Dr. Kar’s trip to India to learn first-hand about the problem of illicit financial flows and what is being done within the U.S. and on the global stage to combat them.
Dr. Kar’s schedule is as follows:
- June 1-7: Mumbai
- June 8-10: Pune
- June 11-13: Mumbai
- June 14-19: Calcutta
- June 19-20: Jamshedpur
- June 20-23: Calcutta
- June 23-25: Delhi
To schedule a meeting with Dr. Kar please contact Monique Perry Danziger, Communications Director at +1-202-293-0740 or at mdanziger@gfip.org.