As part of the United Nations Sustainable Development Goal 16 on the rule of law, Target 16.42 aims to “significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime” by 2030. This policy brief argues that tax avoidance under existing international tax rules gives rise to illicit financial flows and is hindering the sustainable development of African countries.

Part of Series

In this series by emerging scholars, policy briefs address opportunities for international and domestic law, economics and policy to contribute toward achieving sustainable development across sectors. The policy briefs are therefore tailored to global economies and policy-oriented solutions in one or more of the ILRP’s core research areas of international intellectual property law, international environmental law, international economic law and international Indigenous law. The idea is to address aspects of CIGI’s research areas through the lens of international law, economics and policy, governance and sustainable development in a public policy format.
  • Alexander Ezenagu is an international tax expert and legal practitioner. He specializes in the following areas of law: investment advisory; international tax law, transfer pricing and tax planning; and commercial law advisory and practice.