Thursday , 22 February 2024

Tag Archives: hot money

“Hot Money” Growing at 6.5% Annually – Here are the Culprits

Every year, roughly $1 trillion in "hot money" flows illegally out of developing and emerging economies due to crime, corruption, and tax evasion growing at an average rate of 6.5% annually (and at an 8.6% clip in Asia). China, Russia, Mexico and India lead the way as depicted in the following infographic.

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